A Eurofound analysis of the gender employment gap in the EU shows that its cost - when considering foregone earnings and missed welfare contributions of individuals to society, as well as the public finance cost - was estimated to be over € 390 billion in 2023, corresponding to 2.3% of the EU’s GDP. This represents an individual cost of € 29,375. A longer-scale analysis, also conducted by Eurofound, shows that the cost of the gender employment gap was over € 4 trillion in 2013-2023. The gender employment gap in Europe has shrunk by 5.4 points since 2005 and will close further due to higher female participation in younger age groups and institutional reforms such as the adaption of pension ages.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.