United Nations, June 15: Gender gap at work is very common. Closing the gap can be beneficial for both the society and economy, according to a report.
“Reducing gender disparities at workplaces by 25 per cent by 2025 could inject nearly $5 trillion into the global economy and boost tax revenues,” said the UN International Labour Organisation (ILO) in the report released on Wednesday.
According to news agency, participation of women in labour market is low and finding work for them remains more difficult than their male counterparts.
“Helping women access the labour market is nevertheless an important first step.”
The global labour force participation rate is 27 percentage points lower than men, that is around 49 per cent.
This figure is expected to remain same in 2018.
The main aim is to promote equal pay for equal work, eliminate violence and harassment at work.