Dissolving gender gap at work can benefit society: UN Report
UNITED NATIONS: Dissolving gender gap at work can open doors to benefits for society and the economy, according to a new report released by a UN agency.
The UN International Labour Organization (ILO) said in the report, “Reducing gender disparities at workplaces by 25 percent by 2025 could introduce nearly 5.8 trillion U.S. dollars into the global economy and boost tax revenues.”
The report said that women already have crucially lower participation in the labour market, but finding work for them remains more difficult than their male counterparts.
The ILO said in a news release introducing the report, “Helping women access the labour market is nevertheless an important first step.”
According to the UN body, the global labor force participation rate for women in 2017 is projected to be around 49 percent, nearly 27 percentage points lower than that of men.
This figure is expected to remain unchanged in 2018.
The report also highlighted the need to promote equal pay for work of equal value, gear root causes of occupational separation, and eliminate violence and harassment at work.