Global GDP Could Jump by $7 Trillion by Closing Gender Gap
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The global economy is losing out on at least $7 trillion of economic gains each year due to a failure to reach gender parity in the workforce, according to a new analysis that comes as progress on equal pay stalls.
That’s based on estimates by Moody’s Analytics, which assumes a scenario where there’s no gender gap in labor force participation, as well as management, in Organization for Economic Co-operation and Development nations.