About 4 times as many women than men reported they were unemployed last month

"Women tend to be more in the essential workers positions, and those are the ones that often cannot be done from home. They need to go out," said Liz Elting, founder and CEO of the Elizabeth Elting Foundation, in an interview with Business Insider. Elting's foundation launched a multi-million dollar fund for pandemic relief.

"Or their positions have been eliminated, in which they're not earning money, which is a problem. If they are able to work from home, they have kids to take care of with quarantining and home-schooling going on, and the work is basically falling on women," Elting said. "So it's a very difficult time for women, whether they do need to go out and risk their lives to take care of their families or if they're at home earning a living and trying to take care of their family."

Overall, unemployment dropped by 7.7% for all women, according to US Bureau of Labor and Statistics data. But among those figures, women of color are affected the most.