A new article from Politico discusses how women who were forced to leave the workforce may not comeback and how that may affect the broader U.S. Economy,
Sandee Barrick was making a six-figure salary as a salesperson when she quit her job in December 2019 to move to North Carolina. She had planned to return to work as soon as she got settled, but she was still enrolling her younger son in school and switching over her driver’s license and registration when the coronavirus pandemic hit and everything shut down. At first she made plans for when she went back to work, but slowly that shifted to if she would go.
So far, at least, she hasn’t. Barrick, a 51-year-old mother of two, worries sometimes about her 401(k) and the money she could have been adding to it over the past 18 months had she been working. She worries too about her elder son’s college tuition and what she would do if the cost increased or financial aid decreased.