Future of the Woman Employment

Woman power is supposed to gain control over the global economy, politics and society in the next 5 years and the global income rate is growing enormously from US $13 trillion to US $18 trillion in the next 5 years. The role of the woman will become vivid as entrepreneurs, producers, consumers and employees with the population increase in China and India.

Woman will control 75% of the spending by 2028 as the global income of woman increases. The rise of the global income will directly impact with the GDP growth of China and India and US$5 trillion will be contributed from these countries.

The entire world is accepting the changes and it has even caused a revolution in male dominated economies. The Women Suffrage Movement which started in France in 1780s and 1790s resulted in many countries giving them that right in the latter half of the 19th century. International Alliance of Women founded in 1904 in Berlin campaign mostly for woman’s suffrage and represents the in 50 countries.

The European Commission in 2012 designed legislation with the purpose of placing 40% of woman in non - executive boards of publicly listed companies by 2020. Around the globe woman are earning US$ 12.1471 trillion which is forecasted to be US$ 16.7015 in 2014! More than half of the private wealth in the US is controlled by women with 80% of purchasing decisions are made by women too. In OECD countries 44% of civil jobs are held by women.


Despite of these progress the salary gap between women are 15% lesser than men which shows that the pay gap exists. A similar gap exists between the number of female and male entrepreneurs in 58 economies out of the 59 economies, only Ghana is an exception with 50% more female entrepreneurs than that of male entrepreneurs whereas South Korea a strong US ally with 20% lower female proportions.

The recent Harvard Business Review stated that the equality in the rate of men women employment can increase the GDP of the US, Japan and Egypt by 5%, 9%, and 34%, respectively. This review said that women and underutilized. In Saudi Arabia 57% of woman are graduates but their participation in the workforce is just limited to 12%. In India more women is worried about their safety, despite of this obstacle 5.5 million women start the employment every year.

In Europe Italy showed the second lowest female labor participation. While in Japan only 43% of women are trying to rejoin after maternity. It will be surprising to know that the US doesn’t support parental leaves with income. According to Tanzanian tribal laws only sons can inherit the land but the country has around 1.2 million women entrepreneurs. In South Africa a woman employee can get maternity leave only if she has continued working with the same company for the last two years.