By Bianca Oliveira
SAO PAULO – The survey “WomenNomics: The Impact of Covid-19 on 10,000 Women and 10,000 Small Businesses” by Goldman Sachs showed that women entrepreneurs were the ones who suffered the most from the economic impacts of Covid-19. The drop in revenue of companies led by women was 66%.
The main reasons given for the problem were the double working hours and household chores, as well as lower levels of adaptation to digital tools to increase the potential of their businesses. Last year, inequality between men and women in the labor market reached its lowest levels since 1990.