The UK's ranking for workplace equality has suffered a notable decline, now sitting at 18th place in the Women in Work Index, falling behind Canada. Factors such as worsening unemployment for women and slow progress in closing the gender pay gap contributed to this setback. Full-time female employment stands at a mere 68.9%, way below the OECD average, trapping the UK in a cycle of stagnation. Experts from PwC UK emphasize the importance of improving women's earnings for overall productivity and GDP growth, linking gender equality to economic prosperity.
Despite marginal improvements in the gender pay gap, the slow pace of change for women's participation in the workforce is dragging the UK back in workplace equality rankings.
The UK has fallen to 18th in the Women in Work Index, lagging behind Canada and reaffirming the urgent need for active measures to promote gender equality.
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