View this email in your browser. December 18, 2020 Good morning, Broadsheet readers! Rep. Deb Haaland is a historic Cabinet nominee, Anita Hill’s Hollywood Commission issues its final report, and we look back on 2020 (we swear it’s not all bad). TGIF. – The bright spots of 2020. In the coming days and weeks, you may finally have a moment to stop and reflect on a year that defies description. What will you remember? This is the last Broadsheet before our annual holiday hiatus, so we’re taking an opportunity to look back too. In many ways, this is a year we’d like to forget, since it dealt blow after blow to the community The Broadsheet serves: working women. If you can believe it, early 2020 saw women outnumber men on U.S. payrolls for only the second time ever, as they held 50.4% of jobs. That happened in mid-January, and it’s fair to say things went downhill—quickly—from there. The pandemic increased women’s caregiving duties and dimmed their career prospects. If women didn’t lose their jobs, they thought about quitting as the pandemic dragged on and the demands they faced went from bad to worse. Already trailing their male peers in so many ways, women became subject to new deficits—from a COVID-era ambition gap to the ‘kid-interruption’ gap. (Working moms, we wholeheartedly salute you.) And then the world lost a titan, Ruth Bader Ginsburg, whose legacy is, in part, the more equal workplace American women occupy today. But even with all that downright awfulness, there was good—so much good—that also shaped 2020. We could easily start and end with frontline healthcare workers, who are disproportionately female, and who risked their lives by charging into understaffed and under-resourced hospitals to save strangers from a pathogen we still don’t fully understand. They are now rightfully first to receive the early vaccines that rely on new technology that women helped develop, with an assist from—who else?—Dolly Parton. In the early days of the pandemic, you, Broadsheet readers, taught each other how to stay productive, how to stress less, how to pass the time. A startup CEO told us how she fundraised while quarantining with six children, and a newspaper editor shared how she kept up with an erratic news cycle while helping her seven kids learn from home. When racial justice protests gripped the U.S., members of the Broadsheet community called out the shortcomings of allyship efforts, and Black women shared with us their candid perspectives on racism at work. Female athletes—from WNBA players to Naomi Osaka—used their platforms to support the Black Lives Matter movement and honor the victims of police brutality. And then there were the firsts. The first female vice president-elect. The first female Wall Street bank CEO. The first female GM in the MLB. Women chief executives are still woefully underrepresented in the Fortune 500, but they hit a record high—37—this year in the midst of a crisis. There’s no way to sugarcoat 2020, but it is worth remembering the bright spots that offset all the darkness. Every single one of these story lines will follow us into 2021: How will women fare in (what we hope is) a vaccine-induced economic recovery? Will governments and employers finally take steps to reduce the enormous childcare burden that women bear? Will the allyship that individuals and corporations pledged this summer result in more respectful, more equitable workplaces? How will a Vice President Kamala Harris shape the Biden administration? And will the streak of female CEO hires continue? We’re looking forward to answering those questions in 2021—and to fewer gaps and more firsts; to progress. Happy holidays and a very happy New Year. The Broadsheet will be back on Monday, Jan. 4. Claire Zillman [email protected] @clairezillman Today’s Broadsheet was curated by Emma Hinchliffe.
A note from Fortune There’s no better time to subscribe! For only $1 your first month, get the investment tools that will keep you on top on your game. Unlock your trial offer now. ALSO IN THE HEADLINES - A historic choice. It's official: President-elect Joe Biden has selected Rep. Deb Haaland as his nominee for Secretary of the Interior. Haaland would be the first Native American Cabinet secretary—a milestone that's especially meaningful as she'll be overseeing tribal land and Indigenous education. Washington Post - Listen up. On the latest episode of the Fortune Brainstorm, hosts Michal Lev-Ram and Brian O'Keefe speak to IPO expert Lise Buyer, who helped craft Google's auction in 2004, and Threshold Ventures managing partner Emily Melton about the unusual year for both the public markets and venture. Fortune's Maria Aspan also joined to share more insight on her feature, "Female Founders Under Fire." Fortune - Winter wonderland? The invisible labor that often falls to women multiplies around the holidays, from planning special meals to buying and wrapping gifts. Women reflect on how they're feeling about those tasks during an emotional holiday season. The 19th* MOVERS AND SHAKERS: Cloudflare promoted cofounder and COO Michelle Zatlyn to president. Capitol One chief audit officer Celia Edwards Karam joins Zola's board as its first independent director. NetApp hired Gerri Mason Hall as VP of diversity, inclusion and belonging. Americares hired the Breast Cancer Research Foundation's Stephanie Kauffman as deputy development director, strategic partnerships.
CONTENT FROM PWC What’s keeping companies from doing better? Sixty-eight percent of leaders believe their business serves the greater good, but only 15% of the wider public agrees. We need to act to help close the gap. We recently surveyed US business leaders, employees and the public to understand what fosters and inhibits trust. These findings shaped actionable steps to help companies fight for social justice and take action, Now.
IN CASE YOU MISSED IT - Court case. FDA v. American College of Obstetricians and Gynecologists is back in front of the Supreme Court for a second time—and this time Justice Amy Coney Barrett is on the Court to hear it. The case is about access to medication abortion during the pandemic. Vox - Hill's Hollywood. Anita Hill's Hollywood Commission for Eliminating Sexual Harassment and Advancing Equality issued its final report on the industry's culture. Less than half of the 10,000 people surveyed believe that the entertainment industry really values diversity and inclusion. Variety - Game on. Designers, voice actors, and players are fighting for inclusion in video games. Designer Emilia Schatz, designer Rosa Carbo-Mascarell, and voice actor Sarah Elmaleh are among those pushing for change. New York Times
ON MY RADAR ‘There simply isn’t the trust’: The fight to overcome vaccine skepticism in the Black community Fortune How Savannah Guthrie and Kristen Welker won the 2020 election coverage Vogue In tackling the country’s biggest problems, Biden and Harris need to prioritize gender and racial equity Fortune PARTING WORDS "You don’t have to be a king or a queen. You don’t have to be someone up high. He has infused importance into our lives, even if we didn’t make it into a history book." -Viola Davis on August Wilson's play Ma Rainey’s Black Bottom. She stars with the late Chadwick Boseman in a new Netflix adaptation out today.
Thanks for reading. If you liked this email, pay it forward. Share it with someone you know: Did someone share this with you? Sign up here. For previous editions, click here. To view all of Fortune's newsletters on the latest in business, go here. Subscribe This email was sent to [email protected] Unsubscribe | Edit your newsletter subscriptions Fortune Media (USA) Corporation 40 Fulton Street New York, NY. 10038 |