In decreasing the gender gap across a number of criteria this year, the US fell further behind other nations, according to new statistics from the World Economic Forum.
According to the WEF’s 17th annual Global Gender Gap study, the nation fell from 27th place last year to 43rd place in terms of gender equality among 146 nations.
Gender Gap Progress Slows Amid Converging Crises
According to the analysis, it will ultimately take 131 years to close the gender wage gap in the global economy, which is a little improvement above the prior prediction of 132 years.
Compared to the WEF’s projection from before the pandemic, there has still been a three-decade delay.
Although gender parity has made some of the gains it lost during the pandemic, the WEF stated that convergence of economic and political crises is creating an uneven landscape globally, with progress generally slowing down and AI offering an extra risk.
Despite encouraging indicators of a return to pre-pandemic levels, women continue to suffer the most from the current cost of living issues and labor market interruptions, according to WEF Managing Director Saadia Zahidi in a news release.
A strong creative spirit, as well as a variety of skills and ideas, are essential for an economic recovery.
We cannot afford to lose steam in promoting women’s economic opportunity and engagement.
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WEF Report Highlights Declining Scores
The WEF releases an annual Global Gender Gap report that uses a numerical index with four pillars—economic participation and opportunity, educational achievement, health and survival, and political empowerment—to gauge progress toward gender parity.
The US experienced one of the biggest declines among the top 50 nations, with a 2.1 percentage point loss in its gender parity score, according to the WEF.
As judged by the UN, the country saw the biggest decline in its political empowerment ranking, with just 33% of ministers being women.
There has never been a female head of state in the US.
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