At current rate, gender pay gap won’t close for another 170 years – submitted by @mskawilson

Canada has come 35th — sandwiched between Luxembourg and Cape Verde — in the latest World Economic Forum annual report on gender-based disparities around the world.

The U.S. placed 45th in the index, down from 28th in 2015, with the WEF pointing to a fall in the number of women participating in the labor force over the past year as a partial reason for the drop.

Yemen comes in last in the index, with the report finding that it has closed just over 51 percent of its overall gender gap.

The WEF says no country has fully closed its overall gender gap, but those in the top five, which includes four Nordic countries and Rwanda, have closed at least 80 per cent of theirs.

Even though Iceland finished at the top of the WEF’s list, thousands of women in that country left work early on Monday to protest the gender pay gap there.

The women left work at 2:38 p.m., walking out 14 per cent early to draw attention to the gap, which was recently pegged at 14 per cent by Expert Market, a U.K.-based business information firm.

The Switzerland-based WEF said economics and health are the most challenging disparities between men and women worldwide.

On the the economic divide, the report says that “at the current rate of change, and given the widening economic gender gap since last year, it will not be closed for another 170 years.”

Source: Canada ranks 35th on World Economic Forum gender gap list – Business – CBC News