Women’s progress in the workplace, is set to reverse because of the COVID19 pandemic, professional services firm PwC found in its analysis of developed countries. According to PwC’s analysis of women’s economic empowerment, in 33 member countries of the Organisation for Economic Co-operation and Development (OECD), for its annual Women in Work index. The index measures equality of woman participation in the labor market according to a weighted average in five categories.
PwC stated that the pandemic is hurting with more female workers and amplify gender inequalities and disproportions. In order to undo the pandemic’s damage to women’s position in the workplace by 2030, PwC presumed, that progress towards gender equality, needed to be twice as fast as it was in the previous decade. Moreover, Laura Hinton, chief people officer at PwC, stated that “absolutely no time to lose in addressing the very real impact of the pandemic on women” Read more…