Posts in Women in Economy
Technology will widen pay gap and hit women hardest – Davos report- Guardian

Research into jobs finds men’s dominance in IT and biotech is reversing trend towards equality

The gulf between men and women at work – in both pay and status – is likely to widen unless action is taken to tackle inequality in high-growth sectors such as technology, say researchers at this week’s World Economic Forum summit in Davos.

A new WEF report on the future of jobs finds the dominance of men in industries such as information and biotechnology, coupled with the enduring failure of women to rise to the top even in the health and education sectors, is helping to reverse gender equality after years of improvements.

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How Robots Could Make the Gender Pay Gap Even Worse - Fortune

A new report published Thursday suggests that robots could make the gender pay gap even worse, stoking existing fears and uncertainty around the concept of automation.

In a paper titled “Managing automation Employment, inequality and ethics in the digital age,” the Institute for Public Policy Research argued that a greater share of jobs that women hold—46.8% versus 40.9% for men—have the technical potential to be automated since female workers are more likely to hold low-skill “automatable” occupations. Paired with women’s underrepresentation in high-skill occupations that may be complemented by technology, that means that automation could exacerbate gender inequality.

“Automation,” IPPR says, “is more likely to accelerate inequalities of wealth and income than create a future of mass joblessness.”

Initially, IPPR says, automation could narrow the gender pay gap since it would displace women from jobs that tend to earn below-average pay. (According to the latest OECD data, the gender wage gap in the U.K. is 17.1%; in the U.S., it’s 18.9%.) But that progress would remain only if displaced women re-entered the labor market at around the new average salary for their gender. That’s unlikely, IPPR says. Some industries dominated by women (such as retail or child and elderly care) are seeing less investment in productivity-raising technology, perhaps because the current human labor is so cheap.

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The key to closing the gender gap? Putting more women in charge - WEF

While women worldwide are closing the gap in critical areas such as health and education, significant gender inequality persists in the workforce and in politics. Given current rates of change, this year’s Global Gender Gap Reportestimates it will be another 217 years before we achieve gender parity. 

As part of its workforce gap analysis, the World Economic Forum turned to LinkedIn to better understand the trends in gender equality across the workforce. Thanks to our unique insight into real-time workforce trends, LinkedIn can provide more depth, nuance, and timeliness than the sort of data historically gathered by governments or NGOs. Our data provides insight into the role women leaders play in driving overall economic equity and participation.

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Women will wait 217 years for pay gap to close, WEF says - The Guardian

Gender parity ‘shifting into reverse’ as World Economic Forum adds 47 years to time needed to reach workplace equality.

The authors of a new report forecasting that it could take 170 years to eradicate the disparity in pay and employment opportunities for men and women have called for urgent action to close the gender equality gap.

The report by the World Economic Forum – best known for its high-profile gathering each year in Davos, Switzerland – found that economic disparity between women and men around the world was rising even though the gap was closing on other measures, such as education.

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Words ascribed to female economists: 'Hotter,' 'feminazi.' Men?: 'Goals,' 'Nobel.' - The Washington Post

In 1970, the economics department at the University of California at Berkeley hired three newly minted economics PhDs from the Massachusetts Institute of Technology. Two - both men - were hired as assistant professors. But a woman, Myra Strober, was hired as a lecturer, a position of inferior pay and status and no possibility of tenure. When she asked the department chairman why she was denied an assistant professorship, he put her off with excuses. She kept pressing him until he gave a frank answer: She had two young children; the department couldn't possibly put her on the tenure track.

So Strober took another offer. In 1972, she became the first female economist at Stanford's Graduate School of Business. "They didn't know what to make of me," she said. The faculty retreat, which had been held every year at a men's club, had to be moved. There were jokes about putting a bag over her head so they could keep going to the club.

"It was like trying to run a race with one of your legs tied behind you," Strober said of the culture.

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