Goldman Sachs
Women in the Workforce: Analyzing Gains and Gaps
Pages
30
Time to read
28 mins
Publication
Language
English
Pages
30
Time to read
28 mins
Publication
Language
English
This document is a report discussing the progress and challenges related to women's participation in the workforce over the past 25 years, particularly in Japan and other developed countries. It references a previous report titled 'Womenomics' by Kathy Matsui, which highlighted the importance of female labor participation for economic growth. The report outlines significant changes in workforce participation rates, noting that in Japan, female participation has risen from approximately 50% to 75% in a generation. It attributes this increase to various factors, including government policies aimed at reducing long working hours and enhancing childcare support. The report also compares trends in female labor participation across different countries, noting that while the U.S. has seen stagnation, countries like Germany and the UK have made significant gains. Additionally, it addresses the gender pay gap, indicating that while progress has been made in reducing this gap, challenges remain, particularly in several OECD countries where double-digit pay gaps persist.