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On average women still earn 24% less than men
April 29th 2015
A U.N. report has revealed that the gender pay gap is continuing to be a problem worldwide with women still earning considerably less than men
A recent report carried out by the U.N. has revealed that women are still earning significantly less money than men, despite working longer hours when paid and unpaid work is taken into account.
Indeed, the U.N. Women report demonstrates that even though more women are in the workplace and taking on leadership positions worldwide, pay levels are nowhere near reaching equality. The report details that on average women currently earn 24% less than men around the world, and earn just half the income men earn over a lifetime. The biggest gender pay gap is experienced by those women in South Asia who earn 33% less than men, while areas such as The Middle East and North Africa have a slightly lower 14% pay gap.
The report also showed that women do nearly 2½ times more unpaid and domestic work compared with men and are less likely to receive a pension - as well as showing that only half of working-age women are in the workforce compared to three-fourths of working-age men.
To counteract this persistent problem the report suggests creating an economy that prioritizes women’s needs. It goes on to provide 10 recommendations for governments and other key players to adopt, such as creating more and better jobs for women, reducing occupational segregation, and establishing benchmarks to assess progress in women’s economic and social rights.