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Girls and women’s education boosts their participation in labor market
28-8-2018
An IMF report published in Al Hayat newspaper on August 24 has shown that government policies strengthened the participation of women in the labor market. However, women still represented a lower share of the labor force compared to men in most countries and their access to educational as well as social and financial services and rights were still limited, particularly in emerging markets and low income states. Such disparities, the report said, diminish the economic power of women, undermine their savings and pensions, and reduce their economic development. Based on data analysis between 1980 and 2014, the report concluded that policies that reduce gender gaps in education have achieved better results in all regions, as follows: in North America (by 47% compared to other regions); Europe and Asia (41%), East Asia and the Pacific (35%) and South East Asia and Sub-Saharan Africa (16%). Upon comparing the regions, the report found that most of them have been successful in narrowing the gap of female participation in the labor market by an average of more than 10%, through the efforts of legal institutions, including higher courts, parliaments, heads of state and gender equality in legal rights. For more on the report, kindly refer to the following link: https://bit.ly/2PCaTaj. (Al Hayat 24 August 2018)
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