A Female Workforce Helps The Economy

A Female Workforce Helps The Economy
Business •

A Female Workforce Helps The Economy

The Organization for Economic Cooperation and Development has released a new study titled Closing the Gender Gap which reports that a 50 percent decrease in the gender gap would result in a 0.3 percentage point increase in the GDP of many countries.

The report states that women still earn 16 percent less than equal male counterparts with women in top positions earning 21 percent less. This report urges governments to finance more women-owned start-ups and more science and technology education for school-age girls.

Secretary-General of the OECD Angel Gurria said, “Closing the gender gap must be a central part of any strategy to create more sustainable economies and inclusive societies.”

Ally | Elite.

Share Tweet
Prev Story

Next Story

More In Business

Women

Rihanna Is Suing Topshop

You would think that a major multi-million dollar corporation would know the rules by now. You can’t be selling t-shirts with an image of someone else emblazoned on the front without her permission: a lesson Topshop has to, apparently, learn the hard way. According the New York Post, Rihanna has just filed a $5 million [...]

Women

Selfridges To Host First Drive-Through Department Store Service

If you were to ask any person from any country in the world which country was the laziest, I think they would all respond “America,” much to my own disappointment. America is the country that perfected the drive-through and countless other effortless services as a means of making our very difficult lives less difficult. Americans [...]

Women

You Don’t Always Have To Be Nice At Work

It’s tough to find the perfect balance between being nice and assertive at work. If you’re too sweet, you’re considered to be either fake or weak. If you’re too assertive, you’re a bitch and unapproachable. Since finding the perfect median can be difficult, most women usually go with one or the other. Which one should [...]

Women

Fast Fashion Makes Commitment To Safety Reform

Fast fashion has its benefits for sure: look-alike designer fashions for wallet friendly prices. What’s not to love? A lot, actually. Fast fashion companies such as H&M and Zara are unfortunately the forerunners in factory accidents and tragedies, no doubt do in part to their quick turnovers. The recent Bangladesh factory accident, along with other [...]

Also On Elite

Sports

Oklahoma Coach Bob Stoops Admits College Players Get Paid Well

It’s no secret that college athletes get paid. But now Oklahoma Sooners head coach Bob Stoops is going out and confirming it. Bob is one of the most handsomely paid coaches in CFB, earning $5 million a season which is a whole lot of bank. But even though the NCAA is cutting his checks, he has no problem [...]

Sports

An Anonymous Sports Agent Calls Out Jay-Z For His New Venture

Haters gonna’ hate. Jay-Z knows this. So it should come to no surprise that there’s some dickhead sports agent out there who is bashing the mogul for trying his hand in this new venture.  Not everyone was bound to like Hov’s Roc Nation/CAA business plan, representing star athletes like Robinson Cano and Victor Cruz. But [...]

Sports

Louisville’s Kevin Ware Delivers Letterman’s Top 10 List [Video]

Kevin Ware hasn’t been shy when it comes to giving interviews and making appearances, not even a week after the most horrific sports injury of all time. And just last night, he appeared on the David Letterman show where he delivered his nightly Top 10 list. The topic of choice? “Thoughts going through Kevin Ware’s mind” [...]

World

$700 Million Of Hurricane Katrina Relief Funds Have Disappeared Into Thin Air

Nearly eight years after Hurricane Katrina, it has been revealed that almost $700 million worth of relief funds have seemingly vanished into thin air. The money that was supposed to go to homeowners affected by Hurricane Katrina is nowhere to be found, and inspector general David Montoya said that it’s highly unlikely that the funds [...]

World

Obama’s Gun Control Stats Brought Into Question

In an attempt to make it much harder to purchase a gun than it already is, President Obama has been pitching a statistic that claims that 40% of gun purchases occur without a background check. He has mentioned this statistic in several speeches, but the NRA and even The Washington Post are saying that there [...]

World

Montana Finally Looks To Repeal The Law That Makes Being Gay A Felony

Sometimes you don’t really realize how bizarre some laws are in some parts of this country, but in Montana, being gay was a felony until the Montana House repealed the law making gay sex a crime on Tuesday. Now, it is up to the governor to make it official. While other parts of the country [...]