Women won't have equal pay until 2277, gender gap report says

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Women won't have equal pay until 2277, gender gap report says
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At the current rate of change, when can women expect equal pay? In the year 2277, new report finds.

A woman holds a sign that reads, "Equal Pay" during "A Day Without A Woman" demonstration on March 8, 2017 in Miami.Iceland was recognized as the most gender-equal country for the 11th year in a row. Other Nordic countries — including Norway, Finland and Sweden — and Nicaragua rounded out the top five. Yemen ranked lowest on the list.

But the report says women in the U.S. are"relatively well-represented" in middle and high management roles, although not in"the very top business positions," making up just 21.7 percent of corporate managing board members. And the U.S. fared well in education, where the enrollment rate for female students exceeded 90 percent across education levels, and women outnumbered men in tertiary education.

In addition, a"lack of care infrastructure" means women spend at least twice as much time on care and voluntary work as men do, and a"lack of access to capital" often keeps women from entrepreneurship and other workforce opportunities.

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