Published: Sat, November 04, 2017
World Media | By Shelia Harmon

Workplace equality 'will take 217 years'

Workplace equality 'will take 217 years'

It adds, "In addition, newly available data reveals the scale of India's gender gap in women's share among legislators, senior officials and managers, as well as professional and technical workers for the first time in recent years, highlighting that continued efforts will be needed to achieve parity in economic opportunity and participation".

"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", the report's authors conclude.

It's also important to distinguish between the time it will take to close the economic gender gap and the size of that gap on an absolute level.

According to the report, Bangladesh scored 0.719 on the gender parity index and was ranked the highest among the South Asian nations while came second Maldives at 106.

It ranked 7th among 155 countries in the political empowerment category but performed worst in economic participation and opportunity with in which it now ranks 129th.

Given the current rate of change, the Global Gender Gap Report estimates it will take 217 years to close the economic gender gap. The more positive news is that over one-half of all 144 countries measured have seen their score improve in the past 12 months.

"Gender equality is both a moral and economic imperative".

Unpaid work measures the average minutes spent per day on routine housework, shopping, care for household members, care for non-household members volunteering, travel related to household activities and other unpaid activities for men and women aged 15-64 years. The country has ranked seventh in the political empowerment index, shows the report by the Geneva-based WEF.

Twenty-seven countries around the world increased gender equality in the field of education compared to 24 countries in 2016, and 34 countries increased gender equality in the field of health and survival compared to 38 countries in 2016. "Gender parity is shifting into reverse this year for the first time since the World Economic Forum started measuring it", writes Klaus Schwab, Founder and Executive Chairman for the World Economic Forum. In other words, almost every living women will be dead by the time gender equality has been realized.

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