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Women at Work in Latin America and the Caribbean

Women at Work in Latin America and the Caribbean

Women across the world remain an underutilized resource in the labor force. Participation in the labor force averages around 80 percent for men but only 50 percent for women – nearly half of women’s productive potential remains untapped compared to one-fifth for men. Latin America and the Caribbe...

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Bibliographic Details
Main Author: Natalija Novta, Joyce Cheng Wong
Format: Báo cáo
Language:English
Published: International Monetary Fund Febr
Subjects:
Economics of gender
Women’s labor supply
Public policy affecting female LFP
Online Access:http://hdl.handle.net/11742/39079
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Summary:Women across the world remain an underutilized resource in the labor force. Participation in the labor force averages around 80 percent for men but only 50 percent for women – nearly half of women’s productive potential remains untapped compared to one-fifth for men. Latin America and the Caribbean (LAC), as a region, saw the largest gains in female labor force participation (LFP) in the world during the last two decades. Women in LAC are becoming increasingly active in paid work, closing the gap with men and catching up to their counterparts in advanced economies at an impressive rate. In this paper, we document the recent trends in female LFP and female education in the LAC region, discuss the size of potential gains to GDP from increasing female LFP and policies which could be deployed towards this goal.

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