The recession shadowing the COVID-19 pandemic has been frequently characterised as a “shecession,” implying disproportionately negative effects for women. Yet the crisis might more accurately be called a “momcession,” as women’s work losses were driven in large part by the outcomes of mothers specifically. The OECD’s 2020 Risks that Matter survey presents cross-national evidence that when schools and childcare facilities shut down, mothers took on the brunt of additional unpaid care work – and, correspondingly, they experienced labour market penalties and stress. These findings serve as another reminder that governments must consider inequalities in unpaid work and take a gender-sensitive approach when building their policy responses to the COVID-19 crisis.