A new article by Axios reports that U.S. women won’t reach pay equity with men for at least 60 years.

 

Despite some progress, it will take women in North America approximately 61.5 years to have economic parity with men according to the World Economic Forum’s Global Gender Gap Report for 2021.

Why it matters: Women in the U.S. have made strides in political representation, but they still lag behind men in job market participation and income, according to the report.

• The COVID-19 pandemic has widened disparities, both in the U.S. and abroad, with women exiting the workforce at higher rates “partly due to their disproportionate representation in sectors directly disrupted by lockdowns,” the report says.

Click here to read the entire Axios article.