Advances in closing the worldwide gender pay gap are at risk of being reversed by the coronavirus, experts and advocates warn, as women take time off work to care for others and the low-paid sectors they dominate cut back hours and staff. Women earn about a fifth less money than men around the world, reflecting factors from motherhood and employment in lower-wage jobs to stereotypes in promotion decisions, according to the International Labor Organization (ILO).
The wage gap has been narrowing, but at the current rate it could still take 70 years to reach gender parity, according to U.N. Women. The gap could increase this year as women are likely to be disproportionately affected by home responsibilities in quarantine and see their lower-wage jobs disappear, said Anita Bhatia, assistant Secretary General and deputy executive director of the United Nations’ women’s agency. In Organisation for Economic Co-Operation and Development (OECD) nations, which are mostly developed countries in Europe, the gender pay gap fell to almost 13% in 2017 from nearly 18% in 2000.
PayScale, a Seattle-based maker of compensation software, said the U.S. gap has narrowed in recent years, but coronavirus could have the opposite effect as women are forced to take time off. PayScale said it has found when women return to work after taking time off, they receive compensation offers that are on average 7% lower than other candidates for the same position. In the United States, Tuesday is Equal Pay Day, symbolizing how far into the year the average woman must work to earn what the average man earned in the previous year. The economic crisis caused by the coronavirus pandemic could result in more than 25 million job losses, according to the ILO .
Source: Thomson Reuters Foundation
Global site 
Finnish site