Women are putting off spending on health care, nonessential luxury items and more.
Moreover, there are several crises all at once, said Sette, listing “long-term economic uncertainty, market volatility, rising interest rates, the war in Eastern Europe, the highest inflation we’ve seen in decades, coupled with a mental health crisis because of continued isolation during theThirty-one percent of women have delayed or canceled planned expenditures such as home maintenance, compared to 19 percent of men.
Almost 70 percent of women have reported that they felt simultaneously frustrated and nervous about their financial situation during today’s uncertain economic climate. The financial anxiety for women is higher because the burden most often falls on them for many things including care for children and family expenditures and purchases. Thus, women are more likely to make tradeoffs in this area than men.
Sette shared that she’s not surprised by the research’s findings because there have been persistent lower levels of financial well-being among women. Despite this, Sette said there was a massive disparity in how women were affected by the pandemic — women were more affected by a loss of income and caregiving/homeschooling fell onto the women as more left the workforce altogether at record-high rates.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Democrats rail against Biden admin's handling of southern border as Title 42 expiration approachesSeveral border state Democrats are blasting the Biden administration's handling of the crisis at the southern border, as the expiration of Title 42 looms.
Read more »
Judge handling Santa Fe Mass Shooting case disqualified, Galveston County DA says“While we are disappointed to lose Judge Jones, we believe that Judge Cox will handle the case fairly and efficiently,' DA Jack Roady said in a statement to FOX 26. “He is known for making decisive rulings that are fair to all parties.'
Read more »
How Democrats are handling Biden's bad poll numbersAs far as public opinion goes, it doesn't get much worse than the new Washington Post-ABC News poll, conducted between April 28 and May 3, which shows President Biden to be historically unpopular.
Read more »
How Democrats are handling Biden’s bad poll numbersA new Washington Post-ABC News poll found that Biden’s approval rating has fallen to a lackluster 36%, with 56% of respondents disapproving of his performance — performing only slightly better against DeSantis in hypothetical head-to-head matchups.
Read more »
As Trump probes intensify, foes of ex-president see openingAn investigation into Donald Trump’s handling of classified documents has advanced in recent weeks
Read more »
Will Baby Birds Be Rejected by Their Mother If You Handle Them?This bit of lore asserts that birds are so sensitive to the dangers posed by humans that they will fly off, never to return, if they catch even a faint whiff of human scent around the nest or on their young. That's a myth.
Read more »