Women are still 257 years away from equal pay

According to the World Economic Forum's Global Gender Gap Report, published on Tuesday this week, women will have to wait until 2277 for equal pay. 

Woman counting money.

Woman counting money. / Photo: Pexels – Reference image

The Woman Post | Luisa Fernanda Báez Toro

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Leer en español: Las mujeres todavía están a 257 años de la igualdad salarial

The report analyzed educational, health, professional and political conditions of 153 countries and the closeness to gender equality in the four categories. 

The findings were not what we expected: as read on NBC News, the report shows that it will take another 257 years to close the gender gap in economic participation and opportunity. 

"At the present rate of change, it will take nearly a century to achieve parity, a timeline we simply cannot accept in today's globalized world, especially among younger generations who hold increasingly progressive views of gender equality", says the report. 

According to Business Insider, for the 11th year, Iceland ranked the highest in the study, followed by Norway, Finland, Sweden, and Nicaragua. On the other hand, the US came in 53rd place and Syria, Pakistan, Iraq, and Yemen ranked lowest.

Read also: WHAT COP25 LEFT

"None of us will see gender parity in our lifetimes, and nor likely will many of our children," the report said. 

What is going on, according to the report, is that at this moment there are 78% of men in the labor market, compared to 55% of all adult women. 

Also, as read on CNN, no country has closed the gender gap in political representation yet, an issue that will take approximately 95 years to reach equality. 

However, there are some areas that have improved. For example, according to CNN, some of the four areas are experiencing progress. In educational realization, for example, 35 countries have already achieved gender equality and all countries in the study are expected to achieve it within the next 12 years. 

As read on We Forum Org, the report shows that in 2019 there has been a significant increase in the number of women in politics, which means that the political gender gap will take 95 years to close, while the 2018 report showed that it would take 107 years. 

“Worldwide in 2019, women now hold 25.2% of parliamentary lower-house seats and 21.2% of ministerial positions, compared to 24.1% and 19% respectively last year”, states the site of the World Economic Forum.

“To get to [economic opportunity] parity in the next decade instead of the next two centuries, we will need to mobilize resources, focus leadership attention and commit to targets across the public and private sectors,” said Saadia Zahidi, head of the Centre for the New Economy and Society at WEF, according to The National.

“Business, as usual, will not close the gender gap, we must take action to achieve the virtuous cycle that parity creates in economies and societies”, she continued. 

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