Gender pay gap in G20 set to last for 75 years

Women in the world’s major G20 economies will have to wait 75 years to earn as much as men, according to an Oxfam report published yesterday.

The report also found that if women’s paid employment rates were the same as men, the eurozone’s GDP would increase by 13%. A radical change of attitude among society and government is now called for in order to address this issue, according to Oxfam Ireland CEO Jim Clarken.

The Oxfam report, titled The G20 and Gender Equality, was published yesterday in advance of a G20 Business Summit in Australia this week. It shows that in the G20 countries and beyond, women were paid less than men; were over-represented in part-time work, and were discriminated against in the household, markets and institutions.