Goldman Sachs β Womenomics
Summary
Goldman Sachs presents research on women's contributions to the labor force and the economic potential of greater female participation, originally led by Kathy Matsui 25 years ago in Japan.
The report discusses global progress, including rising workforce participation and reduced pay gaps in many countries, but acknowledges challenges such as high levels of unpaid work hindering equality. The corporate sector has seen improvements, with more women CEOs and board members, but areas like technology and finance still have obstacles to women's advancement. Despite temporary setbacks like the pandemic causing a dip in women's participation, there is overall progress in corporate metrics and ESG investing, suggesting a positive trajectory for women's economic empowerment. Goldman Sachs encourages continued efforts to support women in the workforce and promote gender equality, especially in industries facing challenges like the AI revolution.
Region:
Global
Published:
June 2024
Author(s):
Goldman Sachs
Language:
English