“100 years of global gender parity has not really been good enough – now (it is) 136 years worldwide,” Saadia Zahidi, managing director at the World Economic Forum, told CNBC.
“The epidemic has had a tremendous impact, and has fundamentally reversed a lot of the progress that has been made in the past,” she told CNBC. ‘Capital connection’ Wednesday.
One of the reasons for the widening gender gap is that the sectors hit hard by the Covid-19 virus are mostly women workers.
“Whether it is in the travel and tourism industry that has been shut down globally, or the consumer and retail sector that has been affected in many countries, these are large female employers,” Zahidi said.
A mother and daughter look at speakers in front of a crowd at a demonstration against mandatory Covid-19 vaccines in Sydney, Australia.
Don Arnold | Getty Images News | Getty Images
Another factor is that many women take on additional responsibilities at home while schools are closed.
“Then this means a kind of ‘double transformation’ for women,” she said.
The World Economic Forum said data from market research firm Ipsos He notes that this “dual shift” of paid and unpaid work has contributed to increased tension and anxiety about job security and the difficulty of maintaining a work-life balance.
Zahidi said governments have a “crucial role to play” in bridging the gender gap.
For example, she said that the authorities could invest in infrastructure to care for children and the elderly, which might help because such responsibilities fall on women in “traditional” homes.
She added that employers can also help women out of relatively higher relative job losses and lower employment rates in recovering industries.
“If companies want to have… the creativity and innovation that will pull them out of the crisis, they need diversity, and so they need to think of this as a commercial investment as well,” Zahidi said.