Women Could Be Aided by Biden's 'Caregiving Economy' Investment

WSJ What's News


President biden is set to start unveiling his proposed multi trillion dollar package this week. We'll certainly hear about big projects like infrastructure. But he's also looking to include investment in child and elder care needs. His administration sees these issues as barriers for women in the workplace particularly during the pandemic. This is a topic are white house. Reporter catherine lucy has been following and she joins me from washington. Catherine good to have you here. Great to be here catherine. Let's set the stage here. What do the numbers show about. How women have fared in the workforce over the past year. We'll be no as it. Millions of women have left the workforce during the pandemic and for many that has been ju at least in part the pressures of child care and handling remote schooling. An analysis of government data from the national women's law center showed that women's participation in the labor force us slipped to fifty seven percent which is the lowest it been since nineteen eighty eight and overall more than two point. Three million women have dropped out of the labor force during the pandemic. that's compared with one point. Eight million men and so as part of his economic proposal president biden is expected to address what he calls the caregiving economy. Can you explain what he means by that. That's right mark a what we're expecting to hear from the president. You know in the coming weeks as he talks about a big multi trillion dollar investment economic investment. Is it a piece of that is going to be in child. Care and elder care needs now. His administration thinks of this as quote the caregiving economy. And they see these investments as important as investing in things like roads and bridges. They see these. As need for families particularly for women that caregiving concerns have been a real barrier for women in the workforce particularly during the pandemic. And that's been particularly true. For low income and minority women

Coming up next