Gender pay parity is 202 years away, WEF says

Robots and Lack of Child Care Leave Women's Wages Centuries Behind

To date, only four out of 18 countries in the region have fully closed their Education Attainment gender gap, but more than half of the countries in the region have closed the gender gap for professional and technical workers, indicating a "relatively successful integration of tertiary educated, higher-skilled women into the labour force".

According to the report, Laos, in southeast Asia, was the closest to achieving parity with women earning 91 per cent of what men were paid. To date, said the WEF, there was still a 32pc average gender gap that remained to be closed.

It will take 108 years to close the global gender gap at the current rate, and 202 years to do so in the workplace, according to the report. The gender gap in the workplace meanwhile will take over 2 centuries more to close.

Japan received poor marks for political empowerment, such as the proportions of women among lawmakers and Cabinet ministers.

The annual report uses the Global Gender Gap Index to see how countries covered in it compare in terms of gender equality in four key areas - economic participation and opportunities, educational attainment, health and survival, and political empowerment.

"India maintains a stable ranking this year, but its gap is directionally larger this year, with a 33 per cent gap yet to be bridged", says the report, titled Measuring the Global Gender Gap.

The report covered 149 countries and found the distance towards gender parity (weighted by population) is at 68%, representing a minor improvement from previous year.

South Asia was the second-lowest ranking region in the index, with only 65 per cent of its gender gap now closed. The Philippines actually slid considerably in the health and survival category, when it ranked first 12 years ago in the first year of the report among 115 countries, and now at 42nd out of 149 countries.

The island nation has a culture of political empowerment and boasts many strong female role models.

Women with AI skills are more likely to be employed as data analysts and information managers, while men tend to land in more lucrative and senior positions such as engineering heads and chief executives.

The level of estimated earned income, by purchasing power, was $52,590 for men and $24,054 for women.

There are still 44 countries where more than 20% of women are illiterate.

"In an era when human skills are increasingly important and complementary to technology, the world can not afford to deprive itself of women's talent in sectors in which talent is already scarce", said Klaus Schwab, founder and executive chairman of the WEF.

The WEF has been trying to gauge gender-based disparities since 2006, when its first Gender Gap Index was published.

Iceland had the smallest gender gap (0.858), followed by Norway (0.835) and Sweden (0.822).

Related News:

  • Isis not defeated in Syria despite Trump claim, says UK

    Isis not defeated in Syria despite Trump claim, says UK

    Officials at the Pentagon were still trying to talk Trump out of the withdrawal this week, according to the New York Times . A United States withdrawal could open Trump up to criticism if ISIS reemerged.
    Oil prices steady as China-US trade tensions ease

    Oil prices steady as China-US trade tensions ease

    Prices are hovering at $60 a barrel, a 30 per cent drop from the $86 a barrel reached in early October. Time will tell how effective the new production agreement will be in re-balancing the oil market.
    Theresa May Survives, Weakened And With An Exit Date

    Theresa May Survives, Weakened And With An Exit Date

    Ireland has effectively launched separate Brexit negotiations, going over Theresa May's head and appealing directly to MPs. All of a sudden Mr Varadkar has a lot more room for manoeuvre on issues like, to pick one at random, the Irish Backstop.
  • Champions League last-16 draw: how and where to watch

    Champions League last-16 draw: how and where to watch

    They lost their first two games in the competition, but recovered well to finish second behind Barcelona in their group. In the first fixture drawn in Nyon on Monday morning, Premier League champions City were paired against Schalke.
    Liverpool Fans Laud Fabinho Cameo After Sealing Napoli Champions League Win

    Liverpool Fans Laud Fabinho Cameo After Sealing Napoli Champions League Win

    He was questioned on the altercation with the skipper, saying: "You need to be hard with each other". We know we have to give a good performance every week to continue the run we are in".
    Man to be charged with Grace Millane's murder

    Man to be charged with Grace Millane's murder

    Masses in Millane's memory will be held on Sunday morning (UK time) where churchgoers would be "praying for her and her family". Asked why police were now treating Millane's disappearance as a murder, Beard said it was a combination of factors.
  • North Korea warns U.S.  sanctions may 'block path to denuclearisation'

    North Korea warns U.S. sanctions may 'block path to denuclearisation'

    The line was created to give South Korea reaction time in the event of a North Korea provocation. Kim "sees it better than anyone and will fully take advantage of it for his people".
    Flynn asks to be spared prison time

    Flynn asks to be spared prison time

    McCabe also told Flynn that if he brought his lawyer to the meeting the Justice Department would have to attend as well. Among Flynn's fans is former Trump national security aide Sebastian Gorka, who worked with Flynn in the White House.
    Marlboro-Maker Investing $2.4 Billion in Canadian Cannabis Producer Cronos

    Marlboro-Maker Investing $2.4 Billion in Canadian Cannabis Producer Cronos

    That will give Altria a 45% stake in the company, with an option for Altria to increase its stake to 55% over the next five years. The new relationship represents an "exciting new growth opportunity" and Cronos is backed by an "excellent management team".
  • OnePlus 6T McLaren Edition First Impressions: Worth Its Price Tag?

    OnePlus 6T McLaren Edition First Impressions: Worth Its Price Tag?

    The cameras feature OIS and EIS for better image quality along with a large 1.22µm lens for superior low-light photography. The USP of the smartphone is 10GB of RAM , though there are also some other highlights to take on the competition.
    Bookmakers predict Theresa May will survive no confidence vote

    Bookmakers predict Theresa May will survive no confidence vote

    Moments after news of the vote was announced, Foreign Secretary Jeremy Hunt tweeted: "I am backing @theresa_may tonight". Mrs May pledged to fight against the vote as she issued a defiant statement this morning on the steps of Downing Street.
    NASA's Voyager 2 Probe Reaches Interstellar Space

    NASA's Voyager 2 Probe Reaches Interstellar Space

    While both Voyagers have now departed the sun's heliosphere, they are still inside the solar system as it's currently defined. NASA scientists are now excited to learn what the probes can teach us about the realm beyond the heliosphere boundary.

Most liked

Director of football a "red herring" in Man United's Pochettino chase
In a surprise decision, Arsenal manager Unai Emery has dropped Mesut Ozil from the Gunners squad to face Tottenham this evening in their Carabao Cup quarter final at the Emirates this evening.

Michael Flynn’s former business partner charged with undisclosed lobbying for Turkey
According to the indictment, Rafiekian was vice chairman of Flynn's business group, the Flynn Intel Group. But administration officials dispute that there is a justifiable legal case for returning him to Turkey.

Engineer Gets Revenge On Package Thieves With Glitter Bomb
After thieves take the package, the phones record footage of the thieves getting glitter bombed, which is hilarious. A Global Positioning System tracker in the phones would let him know where a package ultimately ended up.

Health bosses reeling as judge rules Obamacare 'unconstitutional'
Judge O'Connor reasoned that because the individual mandate will no longer collect revenue, it is no longer considered a tax. He concluded it is "impermissible under the Interstate Commerce Clause-meaning the Individual Mandate is unconstitutional".

Embattled US interior secretary steps down after series of scandals
Zinke was a one-term congressman when Trump selected him to join his incoming Cabinet in December 2016. Senate Minority Leader Chuck Schumer was scathing in response to the news that Zinke was leaving.

Klopp calls Mourinho world’s most successful manager
Mourinho is not being helped by worsening injury problems, with nine players either doubtful or ruled out of Sunday's clash. Liverpool FC have failed to beat Manchester United in their last eight games in the Premier League .

Before prison, Michael Cohen could be called to testify before Congress
Trump also has denied collusion with Moscow and called Special Counsel Robert Mueller's investigation a "witch hunt". Trump reacted on the same day by calling Cohen "a weak person and not a very smart person".

Apple tries to dodge iPhone sales ban in China with software update
While the court order doesn't make specific reference to the software of the banned devices, Apple does have a leg to stand on. But Apple isn't ready to capitulate to Qualcomm's demands. "We will pursue all our legal options through the courts".

Two Israelis killed in West Bank shooting: army
In the stabbing attack on two Israeli police officers overnight in the Old City of Jerusalem, the attacker was shot and killed. The Israeli military has also confirmed that another Palestinian was killed during an arrest attempt in the city of Nablus.

Anthony Davis believes New Orleans Pelicans can match exceed last season's results
Tobias Harris scored 20 points as the Clippers failed to move back into sole possession of the top spot in the Western Conference. Since the first meeting with Boston two weeks ago, the Pelicans have alternated wins and losses for eight games.

Theresa May defeats leadership challenge by 83 votes
In her speech following Brady's announcement, May also said a change of leader would wreak havoc on Britain's exit from the EU. Parliament has until January 21 to vote on the deal, a little more than two months before Britain's March 29 departure date.

Trump chief of staff: Speculation mounts over job
Sources told Reuters Mr Ayers would join a political action committee, assisting the President from outside the administration. He offered to become chief of staff temporarily, but Trump was firm on a two-year commitment, and talks fell apart.

Raheem Sterling responds on Instagram to alleged racial abuse from Chelsea fan
Chelsea and the Metropolitan Police have said they are investigating the incident. I prefer to leave him and let him deal with it mentally himself.

Trump calls hush money payments a 'simple private transaction'
McCarthy served as assistant USA attorney for the Southern District for 18 years before leaving the Justice Department in 2003. The Justice Department accuses President Trump of directing illegal payments during the 2016 presidential campaign.

House Judiciary Committee releases transcript of James Comey testimony
Trey Gowdy (R-S.C.) said in a statement that Comey answered "I don't know" 166 times and "I don't remember" 71 times. Comey was not under oath, but was warned that lying to the joint House committee could have severe consequences.