Why has COVID-19 had disproportionate effects on women and their economic status? There are several reasons.

First, women are more likely than men to work in social sectors — such as services industries, retail, tourism, and hospitality — that require face-to-face interactions. These sectors are hit hardest by social distancing and mitigation measures. In the United States, unemployment among women was two percentage points higher than men between April-June 2020.

Second, women are more likely than men to be employed in the informal sector in low-income countries. Informal employment – often compensated in cash with no official oversight – leaves women with lower pay, no protection of labor laws, and no benefits such as pensions or health insurance.

Third, women tend to do more unpaid household work than men, about 2.7 hours per day more to be exact. They bear the brunt of family care responsibilities resulting from shutdown measures such as school closures and precautions for vulnerable elderly parents. After shutdown measures have been lifted, women are slower to return to full employment. In Canada, the May job report shows that women’s employment increased by 1.1 percent compared with 2.4 percent for men, as childcare issues persist. Furthermore, among parents with at least one child under the age of 6, men were roughly three times more likely to have returned to work than women.

Fourth, pandemics put women at greater risk of losing human capital. In many developing countries, young girls are forced to drop out of school and work to supplement household income. According to the Malala Fund report, the share of girls not attending school nearly tripled in Liberia after the Ebola crisis, and girls were 25 percent less likely than boys to re-enroll in Guinea. In India, since the COVID-19 lockdown went into effect, leading matrimony websites have reported 30 percent surges in new registrations as families arrange marriages to secure their daughters’ futures. Without education, these girls suffer a permanent loss of human capital, sacrificing productivity growth and perpetuating the cycle of poverty among women.

https://blogs.imf.org/2020/07/21/the-covid-19-gender-gap/