12 facts about gender equity in financial services
COVID-19’s impact on financial services workforce
The research provided insight into the pandemic’s effect on women’s roles across financial services. The number of women of color increased while white women experienced the largest decline in FSI jobs last year. Nearly 154,000 white women exited the workforce, a 3.4% decline over 2019. Black or African American and Asian women gained jobs — rising by 3.2% in 2020, after a 3.5% increase in the year prior. They now make up close to 20% of the women employed in the industry. Women of Hispanic or Latina ethnicity were up 2.1% in 2020.