COVID-19 and the disappearance of millions of working women

If it wasn’t clear before this month’s job numbers, it is now: the pandemic is turning back the clock for women.

In September, more than 1.1 million workers left the labor force, meaning they were no longer working or looking for work. A full 80 percent of those workers were women, with Latinas especially overrepresented. In fact, a net 2.65 million women have left the labor force since February. These numbers are unprecedented. Before this year, January 1958 held the record for women’s labor force losses. In that month 62 years ago, 550,000 women left the labor force — hundreds of thousands fewer than this September. 

Alternatively, if we look at labor force participation rates, 56.8 percent of women were in the labor force in September, compared to 59.2 percent in February. The current rate was last seen late in the Reagan administration. We have lost more than a generation

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For Indian Women Working as Cooks and Nannies, No #MeToo Moment

Nannies, cooks, construction workers, farmhands and other women who are primarily employed in India’s informal jobs sector are still routinely sexually harassed and abused at work because a groundbreaking federal law is rarely enforced, a study has found.

According to Human Rights Watch, India’s federal and local governments have not done enough to promote and carry out the functions of the country’s 2013 Sexual Harassment of Women at Workplace Act.

The law, known as the Posh Act, mandates that employers with 10 or more workers set up committees to receive and investigate complaints of sexual harassment.

While the global #MeToo movement inspired a host of Bollywood actors and well-known Indian writers to come forward with allegations of sexual harassment, poorer Indian women are less likely to speak out.

The Human Rights Watch report focuses on workplace harassment, but Indian women are routinely subjected to harassment and abuse in and outside

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PopSockets is working on MagSafe-compatible iPhone accessories

PopSockets will support Apple’s MagSafe technology, TechCrunch has confirmed — meaning you’ll soon be able to pop on and off these ubiquitous iPhone accessories without worrying about the sticker on the back losing its adhesiveness over time and needing a rinse.

MagSafe, Apple’s charging brand, is now the company’s new system for iPhone wireless charging and easy-to-attach accessories, introduced today at Apple’s iPhone event.

Thanks to the new array of magnets positioned around the wireless charging coil, the iPhone will be better aligned when connected with Apple’s MagSafe Charger and MagSafe Duo Charger — designed for wirelessly charging the iPhone 12 and iPhone 12 plus Apple Watch, respectively.

But the system also enables a range of MagSafe accessories that work with iPhone 12.

Apple is introducing its own accessories, with new silicone, leather and clear cases that easily snap on the back of the iPhone 12 models, as well as

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‘I’ve got women working for me who are sobbing’

Bars and restaurants across much of England are working out how to operate amid new coronavirus restrictions.

Liverpool venues, which are in the strictest “tier 3” zone, have been instructed to close from Wednesday.

Kate Stewart, who runs The Sandon pub next to Liverpool FC, said: “The amount of uncertainly is just crippling.

“I’ve got women who are working for me who are coming in and actually sobbing to me because they don’t know whether they are going to have a job.”

Mrs Stewart told the BBC she wasn’t sure whether to open at all: “Is it going to be worth me even opening the doors because people are going to be so scared and so worried they probably aren’t going to come out anyway?

“The amount of uncertainly and unknowing is just crippling, and it’s crippling people’s mental health as well.”

‘Worst of both worlds’

Industry body UK Hospitality

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Himax Technologies: Fabless Model Not Working So Well (NASDAQ:HIMX)

Small-cap ($658 million) Taiwan based Himax Technologies (HIMX) is a 30-year old company that specializes in display technologies and human interfaces. On October 6, the company announced preliminary Q3 results that were bullish. The stock popped 10%+ on the news, but is still trading more than 20% below where it was earlier in the year prior to the global pandemic. Yet I think the stock is no bargain and here’s why.

The Q3 Preliminary Update

The preliminary Q3 report (unaudited) was bullish for the following reasons:

  • Q3 revenue of $239.9 million would be +28.3% sequentially (+46.1% yoy) and significantly higher than previous guidance (+20%).
  • Gross Margin was ~22.3%, exceeding the guidance and +130 basis points sequentially and +280 basis points from 19.5% in Q3 of 2019.
  • IFRS earnings expected to be around $0.049/ADS, exceeding the guidance and +510.0% sequentially and +217.1% yoy.

Mr. Jordan Wu, Himax President and CEO, commented:

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Cryptic Studios interview: Surviving Atari, working with Wizards, and a changing business model

Cryptic Studios is entering its third decade in the massively multiplayer online game market, where it started (like everyone else) in paid subscriptions before moving on to the free-to-play model.

In that time, CEO Stephen D’Angelo has seen the company grow from working on one game (City of Heroes) to now maintaining three MMORPGS: Champions Online (Cryptic also owns the pen-and-paper IP after the deal it had with Marvel fell apart and the studio pivoted to another brand), Star Trek Online, and Neverwinter.

And for the first time since the early 2010s, Cryptic is getting ready to release a new game: Magic Legends, which is a more action-RPG take on its MMO model.

I spoke with D’Angelo over the summer about the studio’s history and how Cryptic approaches the business. We talked about how it’s thrived since partnering with Perfect World after the Atari meltdown, how it came to work

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Wyclef On Staying Creative in the Pandemic, and Why He Loves Working With Women

8 min read

Wyclef Jean likes to feel comfortable. This much is evident from the shag pillows piled atop the white sofa in his New Jersey home, where he’s hanging out for our Zoom chat on a recent Thursday afternoon. In a custom Soíremaín hoodie, he lounges deeper into said sofa throughout our conversation, occasionally springing forward mid-thought for emphasis.

Jean’s penchant for getting comfy and talking things through isn’t news to fans who’ve been listening to or watching the former Fugee’s pandemic-era podcast Run That Back, which will be dropping new episodes through the end of October. The show features the multi-platinum solo artist and producer’s musings on life and art, plus virtual conversations and low-key peformance sidebars with everyone from Clive Davis to Lena Waithe. It’s essentially the world’s most chill variety series.

Run That Back, like similar celebrity livestreams since lockdown, was

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How Tommy Hilfiger is working toward sustainability and inclusivity

On the roof of Tommy Hilfiger’s European distribution center—located in the Dutch town of  Venlo—are 48,000 solar panels, just one of the latest steps the fashion brand has taken to be more sustainable. CEO Martijn Hagman announced the completion of the solar panel roof at the Fast Company Innovation Festival on Tuesday, saying the company believes it’s “one of the most powerful solar roofs in the world at this moment.”

That solar roof powers all of the brand’s operations in the Netherlands—and gives electricity back to the grid. It’s one of a string of sustainability initiatives inline with the iconic apparel company’s Make it Possible program, which outlines 24 targets focused on circularity and inclusivity for the brand to hit by 2030.

Hagman and company founder Tommy Hilfiger both stressed the importance to the company of focusing its innovation not solely on environmentalism, but also on inclusivity. “For us, sustainability

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Working from home means more trust from leaders, says tech exec

LONDON — When the coronavirus pandemic closed workplaces earlier this year, businesses effectively went from having one or more locations to having as many offices as they did employees, as staff worked from home.

For software company Splunk, this effectively meant going from 35 offices to more than 6,000 “overnight,” according to the firm’s Chief Technical Adviser James Hodge. Having so many people working at home has meant a more trusting style of leadership is necessary, Hodge told CNBC’s “Squawk Box Europe” on Monday.

“The first few months (of the pandemic) were incredibly challenging, I think a lot of us ended up working incredibly long hours. If I just take Splunk as an example, we’ve spent a long time communicating with our employees, understanding what the impact’s like,” Hodge described.

“There’s been some brilliant parts about it to give people flexibility, but … on the other side, we do need

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We Must Protect The Careers Of Working Women During COVID-19

Earlier this year, nearly two months to the day before the declaration of a national emergency due to COVID-19, women in the U.S. held more jobs than men for the first time since 2010. The milestone lead a Moody’s economist to declare in Forbes that “Women are now the majority of the workforce, and there’s no looking back.” Sadly, nine months and an unprecedented global pandemic later, not only has that momentum been lost, but unemployment rates for women have outpaced that of men throughout the crisis. Though the reasons for this disparity are varied, they are nevertheless unacceptable, both for the millions of women whose careers face an uncertain future, and for the global economy, which could lose $1 trillion in the next 10 years if this gender disparity is not addressed.

The reasons the pandemic has impacted female workers more than men is multi-faceted. In the early stages

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