A Female Workforce Helps The Economy

The Organization for Economic Cooperation and Development has released a new study titled Closing the Gender Gap which reports that a 50 percent decrease in the gender gap would result in a 0.3 percentage point increase in the GDP of many countries.

The report states that women still earn 16 percent less than equal male counterparts with women in top positions earning 21 percent less. This report urges governments to finance more women-owned start-ups and more science and technology education for school-age girls.

Secretary-General of the OECD Angel Gurria said, “Closing the gender gap must be a central part of any strategy to create more sustainable economies and inclusive societies.”

Ally | Elite.

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