It will take the world 123 years to achieve full gender equality – WEF
Global gender inequality has fallen to 68.8%, the best since the COVID-19 pandemic, according to the World Economic Forum's annual report, Euronews reports.
At the same time, the report notes that at the current pace, it will take 123 years to achieve full gender equality in the world.
Thus, the report, which analyzes data on 148 countries, states that the number of women hired for management positions has slowed for the third consecutive year.
Despite women making up 41.2% of the global workforce, only 28.8% of them reach leadership positions.
From 2015 to 2024, the share of women in top management increased from 25.7% to 28.1%, but the growth rate slowed after 2022.
In many industries, the advancement of women to the highest levels is outpacing advancement to middle positions, which can disrupt sustainable human resource development.
Iceland has been named the most gender-equal economy in the world for the 16th year in a row, closing the gender gap by 92.6%.
This is followed by Finland (87.9%), Norway (86.3%), the United Kingdom (83.8%) and New Zealand (82.7%).
LinkedIn data shows that the lack of women in leadership is harmful to the economy because they have 20% more diverse careers, so they are more likely to acquire skills that are especially valued in the era of artificial intelligence.
- The UK Supreme Court ruled on April 16 that in the legal sense, a "woman" is a person who has the biological sex of a woman.
