Tuesday, January 17, 2017

It Will Take 170 Years For Women to Be Paid as Men Are - THE WIRE

by Baher Kamal
Originally published: January 17, 2016
Publisher: TheWire.com 

Women across the world are often employed in low pay sectors, face high levels of discrimination in the workplace and take on a disproportionate amount of unpaid care work.

While just eight individuals, all of them men, own the same wealth as 3.6 billion people — half of world’s total population — it will take 170 years for women to be paid the same as men, warns a new major report on inequality.

Oxfam International’s report, ‘An economy for the 99 per cent’, which was released on January 16, shows that the gap between rich and poor is “far greater than had been feared.”

In it, Oxfam warns that women – who are often employed in low pay sectors, face high levels of discrimination in the workplace and take on a disproportionate amount of unpaid care work – often find themselves at the bottom of the pile.

“On current trends it will take 170 years for women to be paid the same as men.”