This special issue of the ILO's flagship report
World Employment and Social Outlook: Trends for Women
provides a snapshot of where women stand
in the world of work today.
The report highlights that gaps between men and women
in the labour market remain widespread.
Closing the gender gaps in labour market outcomes, however,
would yield significant economic benefits.
If we could close the gap in participation rates by 2025
by a mere 25 per cent,
we could add 5.8 trillion dollars to the global economy.
This would also result in improving government revenues by $1.5 trillion.
Closing these gaps would also improve the individual welfare
of women and their households.
However, the reality is
that women face a multiplicity of labour market barriers.
First, far fewer women participate in the labour market than men.
The global gap in the participation rate between men and women
stands at a staggering 27 percentage points.
Second, when women do enter the job market,
they have a tougher time finding work.
The unemployment rate for women
stands at an estimated 6.2 per cent in 2017,
this is 0.7 percentage points higher than men.
Finally, when working,
women do not have the same access to decent work opportunities as men.
This is especially the case in developing countries
where nearly 37 per cent of employed women
are contributing family workers
compared to 17 per cent among men.
Work of this nature is often invisible and under-valued.
How do we move forward
to unlock the potential of women at work?
We need to start by changing our attitudes
towards the role of women in the world of work
and in society.
We need effective legislation
to prevent and eliminate discrimination based on gender.
We also need specialized bodies in government
and public awareness initiatives
to bring the concerns of women
to the forefront of policy dialogue today.
Both women and men achieve a better work-life balance
when they have access to quality childcare,
well-paid parental leave,
fair compensation
and adequate access to transportation.
To learn more about gender gaps in labour market outcomes
and potential policy responses,
please check out our latest report
World Employment and Social Outlook
– Trends for Women 2017.
International Labour Organization (ILO) 2017
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