business

U.N. reports financial crisis hit women harder on jobs

By EDITH M. LEDERER, Associated Press • Published: December 15, 2012

The global financial crisis raised this gender gap to 0.7 percent, which amounts to 13 million jobs lost for women, it said.

“The crisis appears to have worsened gender gaps in unemployment across all regions, regardless of whether they were on the front lines of the crisis like the advanced economies, or a degree removed like Asia and Africa,” the report said.

It said women also suffer from a difference in the quality of employment in comparison to men.

The report calls for an expansion of social protection measures to reduce women's vulnerabilities, investment in skills and education, and policies to promote access to employment.

The ILO's executive-director for employment, Jose Manuel Salazar-Xirinachs, said “policies to reduce gender gaps can significantly improve economic growth and standards of living, and in developing countries can be a major contribution to poverty reduction.”


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