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UN: Women’s Workforce Participation Prompts Global Gains

Changes in the role of women in the workforce over the past two decades have been an important factor in global growth, according to a brand-new UN report on gender equality in the workplace. Entitled “Women in Business and Management: Gaining Momentum” and released today by the International Labour Organization (ILO), the report shows some promising signs for women, from the boardroom to middle management.

This new report underlies other recent studies showing links between women’s workforce participation and productivity gains. “An increasing number of studies [show] links between women’s participation in top decision making teams….and business performance,” says D. France-Massin, Director of the ILO’s Bureau for Employers’ Activities. “Women’s ever increasing participation in the labour market has been the biggest engine of global growth and competitiveness.”

While women still face undue challenges, and obstacles to the C-Suite and board chairs do still exist, the report documents some clear gains. Among them: a big increase in women holding senior and middle-management jobs.

The report holds some interesting surprises as well: in the ranking of countries with the most women managers, the United States places 15th at 42.7%; Jamaica comes in #1, with an impressive 59.3%!

Read the full report here.

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