Daily Skimm: Working 9 to 5, what a way to make a living
2021 was supposed to be better than 2020. Jury's still out on that one. But this much we know: We're there for you when it comes to breaking down what happened in the last day, week, month, or even the year. So here's this year in...Work.
2021 was supposed to be better than 2020. Jury's still out on that one. But this much we know: We're there for you when it comes to breaking down what happened in the last day, week, month, or even the year. So here's this year in...Work.
It's Not a Labor(force) of Love
Vanessa Lovegrove
The Story
Women continue to be pushed out of the workforce.
Why?
The pandemic. Cue: The eye rolls and 'we knows.' But job losses for women continued into 2021. Remember: Since Feb 2020, more than 4 million US jobs have been lost. And women make up more than half of those losses. While the 2021 dip wasn't as sharp, it wasn't much better. In September, a record 300,000 women (aged 20+) left the workforce. You can thank the Delta wave's impact and back-to-school season for that. And despite overall job gains in October, women — and especially women of color — are still bearing the brunt of job losses. All of that's resulted in a word we can't wait to never say again: 'shecession.' And there's a lot to it.
Go on.
As women continue to multitask to the point of burnout (more on that below), the issues affecting them have grown. Think…
The care crisis…The pandemic put a spotlight on an already broken system. And now it's burning the candle at both ends. On one end, parents are having trouble finding reliable and affordable carefor kids or family members. Making it difficult for women to search for jobs or stay in the workforce. And on the other, care facilities are suffering from the effects of the pandemic too. Especially with labor shortages. And it's forcing places like daycares and nursing homes to jack up prices, lower enrollments, or even close their doors.
Psst…Our co-founders and co-CEOs spoke to several industry leaders about this issue. Here's what they had to say.
Failing diversity efforts and inequality…The nationwide racial justice protests in 2020 caused companies to increase their focus on diversity initiatives. But over a year later, many women of color aren't seeing the receipts. One example: In November, 91,000 Black women left the labor force. And Black and Hispanic women, who disproportionately work in some of the hardest-hit industries (think: service and hospitality sectors), continue to see high rates of unemployment throughout the year. Meanwhile, a recent study shows that women of color are not getting the support they need at work. They're lacking active allies in the office. And are facing microaggressions in the workplace — which has serious negative effects. Including being twice as likely to feel burnt out. This brings us to...
Workplace burnout…It's growing faster than chi-chi-chi-chia. In 2021, the average American workweek got 10% longer. So it's no surprise that burnout increased 10% for working women this year too. The annual Women in the Workplace study found that 42% of women are "often" or "almost always" feeling burned out. We repeat: almost always. Meanwhile, one in three women said they're considering "downshifting" their careers. And four in 10 say they're ready to update their resumé...or leave the workforce altogether.
What's next?
President Biden aims to pass legislation that could help working moms manage childcare. It includes plans to expand access to preschools, enhance the child tax credit, and drumroll please — create a federal paid family leave policy. The benefits of paid leave not only help employees from a health perspective. But help the overall economy. Think: Happy employees = less turnover in the workforce. Now, lawmakers are negotiating a deal to make it happen. But it's facing heavy pushback over cost concerns. Meanwhile, experts say employers can better retain more women workers by offering flexible work schedules, being transparent, and adjusting policies to better support employees.
What's the good news?
2021 has had its set of challenges. But this year, women in the workplace have shined as strong leaders. They stepped it up when it came to supporting diversity efforts and helping employees manage work-life balance. All of which has led to happier employees. And in June, 41 women broke the record for the most women leading Fortune 500 companies. Oh, and here's something that could reportedly help some women return to work: Anyone five years and older is eligible to receive the Pfizer vaccine.
theSkimm
As the pandemic has bled into another year, the conversation around women and work has shifted. And the effects of the pandemic continue to expose holes in the US's work culture and care economy. More women picked up the slack for care at their homes and in their offices. And as burnout rates increase, something has got to give.
Redefining the Workplace
Source: theSkimm
In 2021, many workers returned to the office for the first time in more than a year. And others are getting ready to head back in the new year. No matter if or when you go back to your OG desk, the workplace will look a lot different than it did pre-COVID. Including when it comes to...
Working from home…is here to stay. As many businesses started to reopen their office doors this year, they realized: Nearly two years of WFH worked...so why not keep the trend going? And have implemented more flexible policies that give workers the option to do just that, full-time. It's given employees more of a work-life balance, including for many Skimm'rs. Earlier this year, we polled our audience and found that 65% of millennial women had a better balance when working remotely. Plus, nearly two-thirds of millennial women view remote work as a priority.
Hybrid-work models…aka the best of both worlds. In our polling, we also found that two-thirds of millennial women believe they're missing career opportunities by not being in the office. And not everyone wants to be forced to work from home (or their bed, or their couch) or commute to work every day. Enter: the hybrid option. Which many workers are into: One study found that 83% of workers prefer the mix-and-match method.
Vaccine mandates...could prevent some workers from coming into the office IRL. Vaccines became widely available throughout the US this year. And as a result, many employers — from small businesses to Big Tech and the federal government — required their workers to get a shot. The goal: keep the office as safe as possible and prevent the spread of COVID-19. But employer vaccine mandates have faced pushback. Some argue that employers and governments are overreaching by imposing them. And that they shouldn't be forced to do something when it comes to their personal health. There have also been concerns that vaccine mandates in the workplace have led to...
Labor shortages…are disrupting businesses around the country. In recent months, job openings hit a record high — but employers have still struggled to find workers to fill those roles. There are a few reasons for all of this (see: above). And shortages have even given union workers leverage to demand better pay, benefits, and work conditions. Time will tell if we'll see more shortages in the new year.
Career Tips From Experts
This past year has been a challenging one for women at work. On our career podcast "9 to 5ish," we got the work advice you need, from women who've been there, to help you navigate the tough and not-so-tough work moments. And this year, our guests brought their A-game. Thinking about your big career goals for 2022? Here are three episodes to revisit during your holiday downtime.
Shawna Thomas, Executive producer, CBS Mornings: Shawna is an executive producer on morning TV. And she got that job by working her way up in the media business. She told us: she's made herself stand out by leaving "Easter Eggs" on her resume. Think: interesting fun facts, out-of-the-box jobs, or non-traditional hobbies.
Julianna Margulies, actress: You know Julianna from "ER," "The Good Wife," and "The Morning Show." But even though she's a highly awarded actress, Julianna's always had a backup plan in case acting, or whatever job she was doing, didn't work out. Tune in to this ep for her advice on knowing how to start making your backup plan — and how to say "no" to certain jobs.
Esther Perel, psychotherapist: Esther Perel is the expert on relationships — including workplace dynamics. From tense relationships with coworkers to a boss who won't quit micromanaging, Esther shared how we can all start to communicate better, build meaningful relationships with our coworkers, and have empathy for each other in the workplace.
Thing to Know
67%
The percentage of women who reported having trouble sleeping at least a few nights a week in a National Sleep Foundation poll. 46% said they have trouble almost every night. Eek.
If this is hitting close to home, you'll wanna hit up Beam. Their CBD Dream powder can help you fall asleep faster and live your healthiest life in 2022. In fact, 99% of people surveyed said they got better quality shut-eye after taking it. And since it tastes like a delicious cup of hot cocoa, we just know you'll love adding it to your bedtime routine. The best part? Skimm'rs can get up to 35% off. New year, more Zzz? Sign us up.
Skimm Faves: The Top Problem-Solving Products of 2021
Photos: Amazon | Design: theSkimm
As the year winds down, we're looking back on the most popular items Skimm'rs purchased in 2021. And today, we're shining a spotlight on the things that helped you say 'buh-bye' to your small everyday annoyances. From stubborn jars that won't open to glasses that fog up while you're wearing a mask, these best-selling problem-solving products have got your back. We'll take one of each, please.
Psst...check out even more Skimm Faves here. We're talking clothing, home-org essentials, and lots more.
Best Of 2021
We had a lot going on in 2021. And we're sure you did too. So we made this list, just for you:
For when you're looking for a new podcast (or three)...Listen to our favorite episodes of the year: We've got an ep of "9 to 5ish" with Gayle King, where we spoke to the queen of confidence (and of morning TV) about the importance of knowing your worth. An ep of "Pop Cultured" that covers society's obsession with space travel. And a deep dive on the US's childcare and nursing shortages from "Skimm This."
For when you've read all our newsletters...Take a peek at some of our best articles. Like the one where we break down the reality of childcare in America without paid family leave. The one where we give you the context behind QAnon and its conspiracy theories. The one where we answer the question of, 'can employers mandate vaccines?' And the one where we explain how to be an ally in the fight against racism.
For when you're feeling burned out...Audit your calendar. Keep track of the activities that energize you and the ones that leave you drained. Once you figure out what fuels you, make sure you stagger those throughout your day and treat them as non-negotiable appointments that are vital for your health and wellbeing. Because they are.
Here are today's recs to help you live a smarter life…
1. How to start the new year right. No matter what "healthy" means to you. This brand's got tons of organic groceries, supplements, and personal care products. And they'll deliver 'em all right to your front door. Here's 40% off your first purchase.*
2. One way to handle a scary credit card balance. Find it a new home. The Ascent recommends this balance transfer card. Because it doesn't charge interest for up to 21 months. And there's no annual fee or late fees. Check it out.*
3.How to make the most of your money. Your remaining FSA money, that is. Because *grabs loudspeaker* if you don't use it by Dec 31, you'll likely lose it. Luckily, FSA Store has over 4,000 eligible products. And Skimm'rs get a special offer. Get going.*
4. A better bed. No notes. This brand's luxury platform bed frame is made with eco-friendly materials. It's simple to put together (like, five-ish minutes simple) and ships in two to five business days. Major bedroom upgrade, coming right up.*
*PS: This is a sponsored post.
Skimm'rs
We like to celebrate the wins, big and small. Let us know how your friends, neighbors, coworkers (and yes, even you) are making career moves, checking off goals, or making an impact in the community.
Putting pen to paper...Maggie W (MI). She took several creative writing courses for professional development and finished her certificate in May of 2020. She's since gone on to publish 12 different creative writing pieces, ranging from memoir to fiction and even multiple poems. Read up.
I am woman, I am fearless...Janell K (FL). She just graduated with her MBA from her dream school, the University of Florida, and has passed two of the four CPA exams. All while being pregnant (and giving birth to her beautiful third child), working full time, and being a super mom, wife, and friend. She's the definition of superwoman.
(Some) Birthdays...Faith Gaskins (DC), Tracy Houdmann (CA), Caroline Liu (AZ), Samantha Yi (NY), Beth Hamstra (IN), Katrina Power (TX), Katie Rosenberg (WI), Sydney Carey (MN), Alice Kopunovitz (OH), Rachel Travers (PA), Lauren Allison (VA), Nicolette Logsdon (OH), Erica Swoboda (CA), Christin Hauck (FL), Kristine Rafferty (NJ)
*Paging all members of theSkimm. Reach out here for a chance to be featured.
Skimm More
Design: theSkimm | Photo: Getty Images
We might be saying 'see ya' to 2021, but this week on "Pop Cultured," we look back at which pop culture moments twenty-twenty-won this year. Plus, we talk with Tan France of "Queer Eye" on his top tips for developing personal style (without breaking the bank). Listen now.
And if you're looking for other smart ways to spend your time...
Listentoour news podcast "Skimm This" for clarity on the biggest stories of the week.
Watch the performance: The ULTIMATE every-day carry. Make the physical light on the back of your iPhone come to life and move around. Then hand everything out for examination. This is a wildly innovative idea you have to see to believe. ...
Plus, Krepling raises a $3.3M seed round Inside NoCode For January 30, 2024 Thank you to our sponsor Here's a look at today's NoCode briefing. Adalo CEO David Adkin shares the platform's accomplishments and roadmap for 2024. Zapier announced the beta of AI-based Copilot. Coda unveiled a slew of new updates last week. Thank you. Sudarshan p/sudarshan 1 In a recent blog post , Adalo CEO David Adkin shared that the platform has reached over 1 million makers and recorded first-ever profitable months. To make app developers faster and easier, Adalo intends to introduce new feature templates, simplify template customization, and incorporate AI to help design apps. 2 Zapier announced the beta of an AI-powered tool called Copilot that simplifies the process of creating Zaps by letting users describe the workflow in everyday language. Copilot also provides suggestions for...
Plus: YouTube announces prices of its NFL Sunday Ticket package. Inside.com Part of Network April 11, 2023 What happened: Apple saw its PC shipments plunge 40.5% in the first quarter — the worst drop of all leading PC makers cited in a new IDC report . Apple's PC market share also fell from 8.6% to 7.2%. Details: All manufacturers were hit hard as PC shipments came in at 56.9 million, down 29% compared to the same quarter last year. HP fared the best at only a 24.2% decrease. The "precipitous" drop was linked to many factors, including an end to COVID-driven demand as people return to in-office work and spend less amid rising inflation and economic uncertainty. Where to see the impact: Consumers could benefit from the slump. With stockpiles of PCs now in inventory, there could be some steep discounts on PCs and other devices in the near future. What'...
A lot has happened on Facebook since you last logged in. Here are some notifications you've missed from your friends. Ludo Maallam 6 friend requests 1 new friend 27 new notifications You have new notifications. A lot has happened on Facebook since you last logged in. Here are some notifications you've missed from your friends. Ludo Maallam 6 friend requests 1 new friend 27 new notifications Go to Facebook View Notifications This message was sent to ludomallam@idiot.cloudns.cc . If you don't want to receive these...
Watch a full performance here: https://www.penguinmagic.com/p/4760 This is the kind of trick you end your show with. It's that good. Two spectators each think of a name, or a place. They don't even tell each other what they're thinking! And yet you are able to read their thoughts through sheer mind-power. "One of my strongest effects of the last 30 years" - Bob Cassidy This was the great Bob Cassidy's signature effect. A flash of brilliance so inspired, that it can turn anyone into a master...
Plus: Pro-Russian agents infiltrated Ukrainian military and security agencies ahead of the invasion. Inside.com Part of Network July 28, 2022 Presented by The U.S. economy contracted by 0.9% between April and June. This is the second consecutive quarter of economic contraction, since the economy shrank by 1.6% in the first quarter , but the National Bureau of Economic Research (NBER) has not yet announced that the U.S. has entered a recession. More: A recession is frequently understood as two consecutive quarters of economic contraction, but the NBER assesses a number of other metrics in its evaluation of the U.S. economy's health, including employment, overall economic output, retail sales, and household income. Consumer spending, which accounts for ~2/3 of total economic output, rose at a 1% annual rate in Q2, down from 1.8% in Q1, the U.S. Department of...
Potential Growth Stocks Inside.com Part of Network October 30, 2022 Stock to Watch: Boeing Company (NYSE: BA) The company currently has a forward PE of 49.3 and an average forward PE in the last five years of 107.6, which means it currently has a 54.2% discount on its stock price relative to earnings. The company currently has a buy rating from 65.4% of Wall Street analysts, with a 45.9% upside to its target price. So far this year, the stock is down 33.5%. Stock to Watch: Delta Air Lines (NYSE: DAL) The company currently has a forward PE of 7.6 and an average forward PE in the last five years of 32.2, which means it currently has a 76.3% discount on its stock price relative to earnings. The company currently has a buy rating from 80% of Wall Street analysts, with a 40.7% upside to its target price....
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