Gender pay gap will not close until 2041

It will take 25 years to close the gender pay gap in the UK despite significant recent improvements, according to Price Waterhouse Cooper’s Women in Work Index. The labour market report measures levels of female economic empowerment across 33 countries based on five indicators. The UK has considerably improved its performance since 2000 and now ranks thirteen out of the 33 countries surveyed thanks to increasing female employment rates, a narrowing of the gender pay gap and a reduction of the gap between male and female labour force participation rates. Sheffield Live! reporter Simon Thake spoke to Valerie Monti Hollad of Bounce Forward, a Sheffield-based women’s development agency.