Window of opportunity for Asia to improve gender equality at work
Asian countries have a window of opportunity to tackle gender inequality in their labour markets and support sustainable crisis recovery, according to a new report prepared jointly by the International Labour Organization (ILO) and the Asian Development Bank (ADB).
The report, Women and Labour Markets in Asia: Rebalancing for Gender Equality, says that although Asia is helping to lead the global economy, recovery of the labour market from the recent global economic and financial crisis has not kept pace. In some developing countries, particularly in East Asia, job growth is back, but the quality of jobs being created is a major concern. In particular, 45 per cent of the vast productive potential of Asian women remains untapped, compared to just 19 per cent for Asian men.
Although the region’s economic growth of 6.2 per cent in 2000-2007 greatly exceeded the global average of 4.2 per cent, average growth in women’s employment was just 1.7 per cent- below the world average of 2 per cent.