Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development (OECD), once said women are “the most underutilized economic asset in the world.”
How can the U.S. boost GDP by 10%? According to a recent study by S&P Global Ratings, the answer is women. Click here or on the report cover to download the full report.
The United States is the only country in the OECD that doesn’t require income support during maternity or parental leave. In the United States, the percentage of women in the labor force lags behind most other OECD members, after being near the top just a few short decades ago.
Business Forward hosted a conference call on these findings with Beth Ann Bovino, Chief U.S. Economist at S&P Global Ratings, discussing the demographic and economic conditions that have led to a lag in women’s U.S. workforce participation.