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Equal gender pay set back a generation by pandemic, WEF says

Bloomberg
Bloomberg3/31/2021 1:58 PM GMT+08  • 2 min read
Equal gender pay set back a generation by pandemic, WEF says
At the current pace it will take 135 years for men and women to get the same paycheck for similar work
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The pandemic has rolled back years of progress on gender parity for pay, making women wait a generation longer to earn the same as men.

That’s according to a report by the World Economic Forum, which found that at the current pace it will take 135 years for men and women to get the same paycheck for similar work. It echoes concerns raised by Bank of England policy maker Silvana Tenreyro about the impact of Covid-19 on women’s careers.

While Covid-19 has accelerated automation, lockdowns have hit female-dominated sectors hardest and left women doing more household chores, sapping their productivity.

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