New report: wage inequality between genders not improving

New report: wage inequality between genders not improving

According to the OECD, nearly three in four working-age women in Nordic countries are part of the paid labour force, and policy-makers explicitly support gender equality at work, at home and in public. But at the same time, the WEF said the Philippines still needs to extend more efforts on health and survival category, where there remained a gap for the second consecutive year.

There were fewer women working this year than men, mostly due to the lack of child care which kept women from jobs or from progressing to senior roles, according to the annual index ranking 149 countries on their progress to close the gender gap.

The Women's Strike Since 1975 Icelandic women have regularly gone on strike to protest the gender pay gap.

Chinese women lag the furthest behind men in the political arena, where the vanishing number of women in the National People's Congress and State Council - the Chinese parliament and cabinet respectively - put the country's political empowerment gap at 83.6%.

The Global Gender Gap Index ranks 149 countries on health, education, economic and political indicators, including wage equality, educational attainment, and representation in national government.

The forum pointed out that while the world has closed 68% of its gender gap, only one pillar - economic opportunity - made progress in contracting the gulf this year.

More news: UK Government to Review E-Cigarette Regulations Post-Brexit

"Although the economic opportunity gap has slightly reduced this year, the progress has been slow, especially in terms of participation of women in labor force, where the gender gap slightly reversed", the report continued.

Women will achieve pay parity, but it will take 202 years, according to the World Economic Forum. It ranked 92nd in gender equality in political empowerment, with 0.134. "It has closed 73 per cent of its gender gap".

One factor holding women back is their being underrepresented in senior positions, the report said. Also, among the 29 countries for which data are available, women on average spend twice as much time on housework and other unpaid activities than men.

On political empowerment, one country - Bangladesh - reached a level of gender parity of more than 50pc, while India had closed almost 40pc of its gender gap on this sub-index.

The LinkedIn data suggest that women with AI skills are more likely to be employed as data analysts, researchers, information managers and teachers, whereas men are more likely to be employed as software engineers, heads of engineering, heads of IT and chief executives.

"More than ever, societies can not afford to lose out on the skills, ideas and perspectives of half of humanity", said Klaus Schwab, executive chairman of the WEF. It is Norway, Sweden and Finland, as well as the Central American Nicaragua, and the East African Rwanda to follow.

Related Articles