Gender Parity in Work Place

Across the world, there is unequal labor force participation for men and women. The labor gap is untapped economic area, and countries can increase their GDP through the help of womenís labor, an example of the diverse labor success appears in various European models. According to Alter (2015), Global economic growth can reach $28 with equal inclusion of women in the labor sector. The results are based on findings of McKinsey Global Institute a constituent McKinsey & Company. Increase of women in economic participation will result into higher payoffs, as compared to the trending economy.

The world has realized 20% increase in women labor force between 1980 and 2010, these are statistics collected from 60 countries. In the United States for, example only 44% of women found themselves working in 1965, but the number has escalated to 74% by 2010. As compared to men, women are doing a lot of unpaid work (75%). The economy will add $10 trillion if women are paid their family and hous...