It will take centuries to achieve gender parity in workplaces around the globe, according to a new World Economic Forum (WEF) report.
While there were some improvements in wage equality in 2018 compared with the previous year, when the global gender gap widened for the first time in a decade, they were offset by falling representation of women in politics, coupled with greater inequality in their access to health and education.
This means that at current rates, the global gender gap at a wider societal level will not close for another 108 years. In the workplace, it will take 202 years at current rates, the study found.
After years of advances in education, health and political representation, women experienced setbacks in all three areas this year. A more positive note was struck in the area of economic opportunity though. Here the gender gap narrowed somewhat, although globally it still stands at nearly 51%.
The number of women in leadership roles also rose to 34% globally, the report indicated. But there are now proportionately fewer women than men participating in the workforce, suggesting that automation is having a disproportionate impact on jobs traditionally performed by females.
Women remain significantly under-represented in areas of employment that require science, technology, engineering and mathematics skills, the WEF said, decrying their particularly low participation rate in the field of artificial intelligence, where they make up just 22% of the workforce. "This gap is three times larger than in other industry talent pools," the study pointed out.
While the WEF estimated that Western European countries could close their gender gaps within 61 years, countries in the Middle East and North Africa are expected to take more like 153 years.
Overall, the Nordic countries dominated the top of the table once again: men and women were deemed at their most equal in Iceland, followed by Norway, Sweden and Finland, 247 Wall St reported. But females in Syria, Iraq and Pakistan, followed by Yemen, still had the furthest to go.
Among the world's 20 leading economies, France fared the best, taking 12th place overall. Germany followed in 14th place, Britain in 15th, Canada in 16th and South Africa in 19th. The US continued its decline though, according to NDTV, slipping two places to 51st due to “a decrease in gender parity in ministerial-level positions”.
Emma Woollacott is a freelance business journalist. Her work has appeared in a wide range of publications, including the Guardian, the Times, Forbes and the BBC.
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It will take centuries to achieve gender parity in workplaces around the globe, according to a new World Economic Forum (WEF) report.
While there were some improvements in wage equality in 2018 compared with the previous year, when the global gender gap widened for the first time in a decade, they were offset by falling representation of women in politics, coupled with greater inequality in their access to health and education.
This means that at current rates, the global gender gap at a wider societal level will not close for another 108 years. In the workplace, it will take 202 years at current rates, the study found.
After years of advances in education, health and political representation, women experienced setbacks in all three areas this year. A more positive note was struck in the area of economic opportunity though. Here the gender gap narrowed somewhat, although globally it still stands at nearly 51%.
The number of women in leadership roles also rose to 34% globally, the report indicated. But there are now proportionately fewer women than men participating in the workforce, suggesting that automation is having a disproportionate impact on jobs traditionally performed by females.
Women remain significantly under-represented in areas of employment that require science, technology, engineering and mathematics skills, the WEF said, decrying their particularly low participation rate in the field of artificial intelligence, where they make up just 22% of the workforce. "This gap is three times larger than in other industry talent pools," the study pointed out.
While the WEF estimated that Western European countries could close their gender gaps within 61 years, countries in the Middle East and North Africa are expected to take more like 153 years.
Overall, the Nordic countries dominated the top of the table once again: men and women were deemed at their most equal in Iceland, followed by Norway, Sweden and Finland, 247 Wall St reported. But females in Syria, Iraq and Pakistan, followed by Yemen, still had the furthest to go.
Among the world's 20 leading economies, France fared the best, taking 12th place overall. Germany followed in 14th place, Britain in 15th, Canada in 16th and South Africa in 19th. The US continued its decline though, according to NDTV, slipping two places to 51st due to “a decrease in gender parity in ministerial-level positions”.
Emma Woollacott is a freelance business journalist. Her work has appeared in a wide range of publications, including the Guardian, the Times, Forbes and the BBC.
OTHER STORIES THAT MAY INTEREST YOU
UK gender pay gap shrinks while US remains static
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