As 2017 comes to a close, here are 10 key findings about gender issues that are in the news today, drawn from Pew Research … In the 2019 Women in the Workplace report, we found that, of entry-level workers, 48 percent were women, compared with 45 percent in 2015. UNICEF Gender Action Plan 2018–2021. Around the world, women do three times as much unpaid care work as men. It is also about the qualitative aspects, ensuring that the knowledge and experience of both men and women are used to promote progress in all aspects of society. Creating more opportunity for women and the next generation is an aspiration and a very real goal that can lift the global economy as well as contributing to a more just society. We know it is constrained by social norms, insecurity, a lack of access to capital, a lack of reasonable childcare—the list goes on. Among non-public sector organisations with 100 or more employees, the gender pay gap for full-time annualised base salary is 15.5%, and 20.8% for full-time annualised total remuneration [8]. On average, they work nearly nine hours a day, and only about half of that is paid. While absolute scores on equality in society tend to be higher than those of equality in work for most countries, we found virtually no countries with high equality on social indicators and low equality in employment and labor markets. In 2015, the global GPS was 0.60; today, it is 0.61. Fact 1: In most countries, the share of women working in the public sector is higher than the share of women working in the formal private sector. We explore gender equality in the public sector by looking at 5 key facts from the WWBI data. GirlForce: Skills, education and training for girls now. This suggests that solutions need to tackle both. All is not doom and gloom—there are significant bright spots to celebrate. In developed countries, women are now outperforming men academically on many dimensions. A middle path—taking action only after the crisis has subsided rather than now—would reduce the potential opportunity by more than $5 trillion. Another factor is that during the pandemic, even more unpaid care work such as childcare and home schooling fell to women as nurseries and schools closed; in the United States, for example, the amount of time women spend on household responsibilities has increased by 1.5 to two hours, according to one study. As governments design stimulus programs and companies look for restart strategies in the wake of the pandemic, it will be important not to ignore potential gender consequences; indeed, it’s time to double down by putting gender at the heart of these initiatives to capture opportunities. While absolute scores on equality in society tend to be higher than those of equality in work for most countries, we found virtually no countries with high equality on social indicators and low equality in employment and labor markets. In a full-potential scenario in which women match men’s participation in the workforce, their sector mix, and their full-time mix of jobs, the additional GDP opportunity could be $28 trillion, or an additional 26 percent of annual global GDP in 2025. Quantitative gender equality work also concerns resources and indicate that women and men should enjoy the same financial resources in a given field. Women have made significant progress, but we’re #NotThere yet. Follow along with the Clinton Foundation throughout Women’s History Month to learn more about our data and our efforts to advance full participation for girls and women worldwide. Companies can act on a number of fronts starting with their own employees, attracting, retaining, and promoting women and understanding where the pinch points in the talent pipeline are greatest. Take note of these 6 sobering stats on gender inequality, and let them help you stay woke and inspired this Women's History Month (and beyond!) Gender equality means that women and men and girls and boys enjoy the same rights, resources, opportunities and protections. While women comprise roughly 47 per cent of all employees in Australia, they take home on average $251.20 less than men each week (full-time adult ordinary earnings).. This International Women’s Day — know and share the facts about gender equality in the United States and around the globe. Use minimal essential Gender equality in society and gender equality in work are correlated based on MGI’s analysis of 125 countries. 05/14/2017 08:47 am ET Updated May 15, 2017 Bloomberg via Getty Images The question posed above is a disturbing one and it refers to gender parity. If they have families, they can aim to raise sons and daughters who are not constrained by gender. Practical resources to help leaders navigate to the next normal: guides, tools, checklists, interviews and more. If they are investing, they can back companies that are driving gender equality in a way that is consistent with their values. Women made up 21 percent of the C-suite, compared with 17 percent in 2019. That hit to growth could be even larger if increased childcare responsibilities, a slower recovery, and reduced public and private spending on services such as education and childcare force women to leave the labor market permanently. Gender Inequality Statistics 1. That is, the gender pay gaps tend to be smaller where relatively fewer women participate in the labor force. hereLearn more about cookies, Opens in new The European Institute for Gender Equality defines the issue of gender inequality as the legal, social and cultural circumstances where sex or gender determine different rights for women and men. The full-time average weekly ordinary earnings[6] for women are 14.0% less than for men [7]. McKinsey has conducted research on gender diversity in North American companies in partnership with LeanIn.Org on since 2015. That would be equivalent in size to the GDP of Japan, Germany, and the United Kingdom combined, and roughly double the likely growth in global GDP contributed by female workers between 2014 and 2025 in a business-as-usual scenario. Qualitative gender equality work focuses on the situation of women and men, respectively. In order for men to actually compete with a woman, they must make them feel like the inferior gender. If differences in promotion rate are aggregated across five years, this equates to a difference of one million women in leadership roles. Don't miss this roundup of our newest and most distinctive insights, Select topics and stay current with our latest insights. As one of many examples around the world, the “double shift” is a fact of life for millions of women in China, who go out to work but then do the lion’s share of work in the home as well. Economic security . The 2020 research examined a data set of more than 1,000 large companies in 15 countries and found that companies in the top quartile for gender diversity were 25 percent more likely to have above-average profitability than companies in the fourth quartile. You can get help by learning more, spreading the word, and getting involved ! Reinvent your business. Gender inequality prevails on the domestic front, too. These trends are similar across regions. Investments in gender equality contribute to lifelong positive outcomes for children and their communities and yield considerable inter-generational payoffs, as children’s rights and well-being often depend on the rights and well-being of women. For gender equality in society, the overall score in 2019 was 0.67, up from 0.66 in 2015. Even among individuals who earn the majority of their household’s income, 43 percent of women who are primary household income earners continue to do all or most of the household work, compared with only 12 percent of men. But it’s also worth reflecting on the limitations of legislation. In the past five years, progress has been marginal. Please use UP and DOWN arrow keys to review autocomplete results. Australian Human Rights Commission. Facts and figures Young women’s leadership. Digital upends old models. As countries increase their standard of living, girls typically attain increasing levels of education. Gender inequality facts from the U.N. tell us that men are paid more in both urban and rural areas. At work, they can be proactive in supporting talented women and speaking up if they see unconscious bias or microaggressions. In addition, working women are more likely than their male colleagues to have a working spouse: 81 percent of women are part of a dual-career couple and have two careers to balance, while only 56 percent of men are part of a dual-career couple. Our flagship business publication has been defining and informing the senior-management agenda since 1964. Learn more about cookies, Opens in new Gender equality, also known as sexual equality or equality of the sexes, is the state of equal ease of access to resources and opportunities regardless of gender, including economic participation and decision-making; and the state of valuing different behaviors, aspirations and needs equally, regardless of gender. Gender equality, also called gender egalitarianism, sex equality, or sexual equality, condition of parity regardless of an individual’s gender.Gender equality addresses the tendency to ascribe, in various settings across societies, different roles and status to individuals on the basis of gender. tab. Gender equality in society and gender equality in work are correlated based on MGI’s analysis of 125 countries. collaboration with select social media and trusted analytics partners Women have made significant progress over the years, but we’re still #NotThere yet on issues of gender equality. Killer facts on gender equality. We’re #NotThere yet on issues of gender equality. Gender … No Ceilings: The Full Participation Report, 35 unforgettable images that capture Trump’s wild and bitter presidency, Donald Trump Revealed the Truth About White America, Newlywed Bride Pushes Husband Off Cliff 8 Days After Their Wedding, 8 Things I Wish More People Knew in Their 20s, 2021 Really Starts Now: Six Big Predictions for the Post-Trump Era. More data will be needed to ensure greater transparency and understanding of gender consequences. As consumers, women—and men—benefited from a sharp decline in the prices of many discretionary goods and services such as communications and recreation, but that was offset by rising costs of housing, healthcare, and education that absorbed 54 to 107 percent of the average household’s income gains in Australia, France, the United Kingdom, and the United States. The authors wish to thank MGI’s co-chair James Manyika, based in San Francisco, and MGI director Jonathan Woetzel, in Shanghai, for their ongoing contributions to gender equality research. Luckily, there are tons of amazing organizations and MAKERS advocating for equality. Unleash their potential. Gender gaps remain across all regions (Exhibit 1). How can we ensure that the role of women in the workplace and in society is central to efforts to rebuild economies in the COVID-19 era, and that women do not fall further behind? Something went wrong. Advancing gender equality is not just an opportunity for countries; companies also stand to gain. Between 40 million and 160 million women globally may need to transition between occupations by 2030, often into higher-skill roles (Exhibit 2). The research found that in a best-in-region scenario in which all countries match the performance of the country in their region that has made the most progress toward gender equality, $12 trillion a year could be added to GDP in 2025. A 2015 report from the McKinsey Global Institute (MGI), The Power of Parity: How advancing women’s equality can add $12 trillion to global growth, explored the economic potential available if the global gender gap was narrowed. In Europe, women’s median net wealth is 62 percent that of men. Reclaiming the F word. MGI research found that the share of women whose jobs are replaced by machines and will likely need to make job transitions due to automation is roughly the same as for men: up to one in four over the next decade may have to shift to a different occupation. About gender equality in Australia Women and girls make up just over half (50.7 per cent) of the Australian population. Learn about Maybe this is the reason why oppression has been occurring for so long. In this period, female part-time employment increased by 2.3 percentage points, versus a 0.7-percentage-point increase in full-time employment for women. Attitudes towards gender equality in Great Britain 2019, by gender Most important issues faced by women and girls in Great Britain 2019 Actions for achieving gender equality … They may also face financial constraints in doing so. Five years after the introduction of the Sustainable Development Goals, progress on gender equality has been modest at best, and now the effort to narrow gender gaps faces new challenges in the form of automation trends and the regressive impact of the COVID-19 pandemic. If no action is taken to counter the gender-regressive impacts of COVID-19, we calculate that global GDP growth could be $1 trillion lower in 2030 than it would be if women’s unemployment simply tracked that of men in each sector. It is one of the basic pillars of the Nordic welfare model, and our experiences in this area have … For many years, it has been clear that economic growth (rising per capita GDP) does not lift all segments of the population—we cannot grow our way out of some aspects of gender equality. Some key facts about gender equality. Practical resources to help leaders navigate to the next normal: guides, tools, checklists, interviews and more, Learn what it means for you, and meet the people who create it, Inspire, empower, and sustain action that leads to the economic development of Black communities across the globe. We strive to provide individuals with disabilities equal access to our website. Others have accelerated gender equality through incentives for women’s education, entrepreneurship, and business lending, for instance. Please click "Accept" to help us improve its usefulness with additional cookies. cookies, 25th anniversary of the Fourth World Conference on Women and the Beijing declaration, The Power of Parity: How advancing women’s equality can add $12 trillion to global growth, McKinsey_Website_Accessibility@mckinsey.com, 87 percent of North American companies today report gender diversity is a top priority, far-reaching gains as workers, consumers, and savers, “double shift” is a fact of life for millions of women in China, increased by 1.5 to two hours, according to one study, prevalence of violence against women from an intimate partner may have increased during lockdowns. Labor force participation is an important marker of women's participation in economic life. At work, too, most countries are making slow and steady progress in equality. McKinsey research on Diversity Matters (2015), on Delivering through Diversity (2018), and most recently in May 2020 on Diversity Wins examined whether companies with higher levels of both gender and ethnic diversity have greater economic performance. Women make up 39 percent of global employment but accounted for 54 percent of overall job losses as of May 2020. Women and men alike need to develop (1) the skills that will be in demand; (2) the flexibility and mobility needed to negotiate labor-market transitions successfully; and (3) the access to and knowledge of technology necessary to work with automated systems, including participating in its creation. Make them feel like the inferior gender and hold suppliers accountable to diversity and inclusion targets increased 2.3... Between men and women in all domains of society should enjoy the same rights, resources, opportunities and.! 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