Economy

‘Triple whammy’: Australian women suffer more job insecurity than men, report finds

Source: Getty

Australian women have been disproportionately hit by the economic fallout of the COVID-19 pandemic - and in more ways than one.

A new report by the Grattan Institute has revealed Australian women have suffered a “triple whammy” of job insecurity during the COVID-19 pandemic.

Not only did women lose more work than men but they took on more unpaid work and were less likely to receive government support, according to the report.

The report claimed women were overwhelmingly employed in industries most impacted by lockdowns such as hospitality and tourism. 

This culminated in eight per cent of Australian women losing their job at the peak of the crisis, compared to four per cent of men.

Maddie told The Feed she was absolutely devastated after she was stood down from her dream job in the tourism industry.

“It hit me very hard mentally as I’m very passionate about tourism and travel. I’m trying to work through the setback and hope that I can return,” she said. 

Working From Home
The gender pay gay sits at 13.4 per cent.
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Six months out of work can add $100,000 to the average $2 million lifetime earnings gap between men and women, the Grattan Institute said.

“I lost approximately $35,000 in wages over the past 10 months, which works out to be 50 per cent of my annual income,” she said.

According to the report, young women were likely to access government support as JobKeeper excluded short-term casuals.

Maddie, who’s in her mid-20s, was fortunate to receive JobKeeper. She said it was her only income for four months.

Like others in her women-majority team, Maddie is now working in another job while she waits for borders to reopen and for her working life to return to normal. 

“I work in market research. Due to my inexperience in the field, I’ve had to forfeit $10,000 off my salary until I prove I am knowledgable,” Maddie said.

The report also revealed that Australian mothers in couples and single parents - 80 per cent of whom are women - were more likely to exit the workforce than other groups.

Mother-of-four, Jessica, told The Feed she lost her cleaning job during the pandemic as “business slowed way down”.

“I had to look after the kids during the lockdown so wasn't In a position to chase work as such at that time,” she said.

Jessica’s experience matches the report’s findings that women had an increasing load of unpaid work due to remote learning.

On average, women took on an extra hour of unpaid work more than men each day.

Jessica wasn’t eligible for any government support due to losing her job. She said she’s now working casually as a teacher’s aide while she completes her studies.

“I decided to study to be a teacher because it’s an essential job and works well with kids,” Jessica said.

“I always have loads of unpaid work. I have to fit everything around the kids,” she added.

Lockdown period definitely amplified that.” 

The coronavirus economic downturn was having a greater impact on women's employment and salaries, according to advocates.
The coronavirus economic downturn has had a greater impact on women's employment and salaries.
Getty

Dr Meraiah Foley researches gender equality in the workplace at the University of Sydney’s Business School.

Her research has shown several government policies - such as the early withdrawal of superannuation during the pandemic -  have had a detrimental impact on women’s economic status.

While men took out more super than women during the pandemic, women took out a greater proportion of their overall savings and women have lower balances than men, Dr Foley said.

“That will have lasting implications for women's economic security,” she said.

Dr Foley added that despite women suffering greater economic consequences from the pandemic than men, the government targeted its stimulus spending towards male-dominated industries like construction and mining.

While she said the gender pay gap - which currently sits at 13.4 per cent - is an “enduring problem in the Australian labour market”.

The gender pay gap can be partially understood by the fact that women are most concentrated in industries with lower wages, like nursing, aged care and early childhood education, according to Dr Foley.

Jobkeeper program
The average lifetime earnings gap between men and women is $2 million.
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But even then, she said, the gender pay gap represents a best-case scenario. 

“Most women in Australia don't work full time, they work part-time. And so their average weekly earnings are actually substantially less than that of men,” Dr Foley said.

The reason they work part-time is because of their responsibilities for Caregiving, which requires them to have more flexible work and to work reduced hours.” 

“We need high authority, high quality, low-cost childcare, in order to facilitate women, women's participation in the labour market on equal footing with men,” Dr Foley said.

Dr Foley also believes the government and workplaces must address the systemic undervaluation of the work that women do.

“It’s important to look at the cultural factors that underpin the gender pay gap,” she said.

That allows for gender-based and sexual harassment to occur in the workplace and that inhibits women from participating in the labour market on an equal footing with men.”