Women will have to wait 217 years for pay gap to close, says the World Economic Forum
"It’s going to take more than 200 years to close the workplace equality gap. Here’s why it’s getting worse". 3 November 2017
It may take women around the world more than two centuries to achieve workplace equality, according to a new report from the World Economic Forum.
...[T]hings are getting worse...[W}omen aren't doing nearly as well when you look at politics and the economy. Fewer women are participating in the workforce than in the past, and salaries are growing less equal...Why?...[W]omen are more likely than men to do unpaid work at home, and more likely to work in industries with lower average pay...women are much less likely than men to hold high-paid senior positions worldwide...“In 2017, we should not be seeing progress toward gender parity shift into reverse,” Saadia Zahidi, the World Economic Forum's head of education, gender and work, said in a statement. “Gender equality is both a moral and economic imperative...
...The world as a whole could increase global GDP by $5.3 trillion by 2025 if it closed the gender gap in economic participation by 25 percent over the same period.