We are pleased to announce the Power Women Podcast! This podcast will engage, inform, and empower women to seek economic security.
The pandemic and national context of the “shecession” has negatively impacted women and girls who were already experiencing economic insecurity in Greater Springfield, MA. Women made up over half of the people looking for work in April 2020 with women of color, specifically Hispanic women, facing unemployment rates of over 20 percent.
Locally, the pre-existing evidence of women’s economic insecurity in the Greater Springfield area has been exacerbated within this national context. While recent U.S. Census statistics cite Hampden County at a poverty rate of 13.8%, the poverty rate in Springfield is 26.9% and Holyoke is experiencing a higher rate of poverty at 29.3%, well above the statewide rate of 9.4%. In addition, women are often the single head of household with rates of single-mother households being highest in Springfield and Holyoke at 88.3% and 88.2% respectively.
In this audio series, we will explore women’s economic security through casual conversations and interviews. Guests of the show will share their knowledge and experience with some aspect of the framework the Women’s Fund built out for our economic security hub project – from financial health and job preparation to unpaid caregiving and housing.
of Women in Greater Springfield are Single Head of Household
Percent of populations who lived below 250% of the federal poverty threshold (U.S. Census Bureau Statistics).
Almost 27% of Springfield Residents
Over 29% of Holyoke Residents
9% of Massachusetts Residents
About Power Women Hour
You are invited to watch a virtual series hosted by the Women’s Fund of Western Massachusetts dedicated to bolstering women’s economic security.
Many organizations have been affected by the economic impact of the pandemic, but while many still survive, women-owned businesses are at the brink of devastation. Prior to the pandemic, 1/3 of Western Massachusetts businesses were owned by women with that fraction threatening to decrease by the week. Businesses owned by women of color face the greatest barriers and are most likely to be shut out of recovery funding.
In the nonprofit sector, the pandemic has been disruptive to women-focused organizations and many philanthropic dollars have been understandably redirected to immediate COVID response.
Economic security for women is paramount to the success of a family. To bolster and empower women to be the champions of their own lives, we introduce Power Women Hour.