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Mothers of kids under age 6 make up majority of workforce exodus amid coronavirus: RBC

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COVID-19 pandemic, according to a new Royal Bank report.More than 20,000 women left the workforce between February and October, while about 68,000 men joined it, said the study released Thursday.Want a full economic recovery?

Childcare is critical, report saysThe report said the pandemic and the demands of raising children are likely to blame for the exit of women from the workforce, while men are benefiting from growth in the science, technology, engineering and math fields they dominate in.Dawn Desjardins, RBC’s deputy chief economist and the report’s co-author, said this pattern could slow the economic recovery from the pandemic and impact the future of industries largely dominated by women.“We need to see women come back into the labour.

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