Closing the gender gap is a critical component of sustainable development and at the heart of Goal 5 of the UN’s Sustainable Development Goals (SDG), a global agenda for change that aims to achieve its targets by 2030. Since the gender gap goal was set in 2015, progress has been made in building strategies to close this gap and there has been increased focus on delivering equality for women in the workplace. But what concrete progress has been made? What does it mean for women in the world of work? And how can advancing women’s equality improve global growth?
At the same time as gender equality has risen up the agenda, the world of employment has been changing, with new technologies such as artificial intelligence revolutionising the workplace, reshaping what we do and the skills we need. McKinsey Global Institute (MGI) estimates that even today, using current technology, nearly 50 per cent of the activities people are paid almost $15tn in wages to do in the global economy have the potential to be automated. Such trends will have an impact on the future of work, but will they affect women differently than men?