Equal pay, equal hours and equal participation in the workforce could lead to a global wealth jump of $23,620 a person, as well as creating knock-on benefits such as lower malnutrition and child mortality rates, said the report.
Using data from 141 countries, economists analysed the potential skills, education, training and future worth of each person in the workforce, then compared those so-called “lifetime earnings” to generate estimated global losses.
Read MoreWomen’s economic empowerment is a pre-requisite for inclusive and equitable economic growth. A powerful lever for change, women’s economic empowerment can drive gender equality outcomes and broader intergenerational benefits for women, their children, households and communities. Evidence tells us that women who are economically empowered have greater access to income and economic assets, better control over their own economic gains and more equitable decision-making power to translate these gains into social, economic, and health benefits for themselves and their families.
Read MoreNasdaq strongly believes that women’s empowerment is an essential lever for global sustainability and is imperative for creating inclusive, prosperous economies that lead to success for women and men, families and communities, businesses and the world at large. Signing the Women’s Empowerment Principles (WEPs)—a set of international standards that businesses can follow, Nasdaq will continue its efforts to enhance diversity and inclusion in the workplace and draw attention to this issue of the broader society.
Read MoreThis report by UN Women, Turning Promises into Action, comes at a critical time. More than two years into the life of the 2030 Agenda, it calls for dramatic advances in statistics, financing and policies for gender equality, as well as more determined steps towards democratic governance and accountability. Based on robust data and expert analysis, the report takes stock of where we stand on key aspects of gender equality globally; tells us what is needed to monitor progress meaningfully; and provides wide- ranging recommendations for change.
Read MoreGender equality is a fundamental human right. At the same time it also makes good economic sense because it means using the country’s human capital more efficiently. It can have profound benefits not just for women themselves but also for families, communities and national economies.
Read MoreThe strong positive impacts of social protection have brought social protection to the forefront of the development agenda. Social protection is a key element of national development strategies to reduce poverty and inequality, promote human capital, political stability, and inclusive growth.
Read MoreFollowing the Millennium Development Declaration, the 2030 Sustainable Development Agenda set out a number of goals aimed at ending poverty, ensuring healthy lives and well- being, achieving gender equality and women’s economic empowerment, promoting decent work and reducing inequalities. Ghana played a major role at both national and international levels in de ning the post-2015 development agenda and is committed to a development that ‘leaves no one behind’
Read MoreLed by ILO, UN Women and the OECD, the Equal Pay International Coalition (EPIC) is a multi-stakeholder coalition to contribute to the achievement of SDG target 8.5 focusing on equal pay between women and men for work of equal value.
“By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value”Read More
As part of fiscal consolidation drives, some countries, including Estonia and Lithuania, reduced the period of maternity and paternity leave or the level of benefits, if only temporarily. In other countries, such as Greece, Latvia and Romania reduction in the level of the minimum wage or weakening of the system of collective bargaining due to new laws following fiscal consolidation measures resulted in an erosion of the level of maternity benefits.
Read MoreMotherhood and the gendered division of labour place primary responsibility for maintaining the home and caring for the family on women. Lack of maternity protection and the extent and unequal share of responsibility for care is an important determinant of inequalities between women and men and of inequalities among women.
Read MoreThe women at work centenary initiative aims to better understand, and to address, why progress on delivering on decent work for women has been so slow and what needs to be done towards securing a better future for women at work.
Read More“With relatively high rates of female education, Bahrain stands to make significant economic gains from integrating more women into the workforce. Progress is already underway in the country and we look forward to building on this through a new Gender Parity Task Force, working across the public and private sectors to accelerate change,” said Khalid Rumaihi, Chief Executive of the Bahrain Economic Development Board.
Read MoreIn addition the Gender Parity Task Forces help provide a method for national stakeholders to close economic gender gaps, with the first task force in the region to be launched this year. We invite more stakeholders to join these efforts, enhancing collaboration and coordination to accelerate impact.
Read More“Economic growth depends on optimal use of the workforce. Getting women back to work, affordable child care and paid parental leave makes it possible for both parents to go back to work,” said Børge Brende, Minister of Foreign Affairs of Norway, adding that gender equality has played a key role in Norway’s economic development.
Read MoreThe CSW61 gives the opportunity to work for macroeconomic environments within the UN and at local/national levels that will enable the creation of new arenas of decent work for women and girls…
Read MoreFurniture giant IKEA has announced that all its employees in India — women and men — will be entitled to 26 weeks of paid parental leave on the birth of a child. The policy will also apply to employees who…
Read MoreThe unpaid time that people devote to the care of family, friends and neighbours clearly contributes to economic living standards, social well-being and the development of human capabilities. At the same…
Read MoreAs several countries around the world prepare to celebrate Mother’s Day, two new ILO studies provide new global and country data that point to the urgent need to increase social protection for mothers…
Read MoreNestlé has launched a global Maternity Protection Policy for its employees worldwide that is estimated to be one of the most progressive programmes of its kind in the industry…
Read MoreThe toolkit was developed based from the experience of partner organizations in the implementation of the NSMP Programme. The instruments and resource materials developed through the Programme…
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