By 2035, investing in universal childcare and long-term care services might result in the creation of up to 299 million jobs. According to a new report by the International Labor Organization (ILO), the United Nations labour agency, 234 million (78 percent) of these will go to women.
Women’s employment rates will climb by ten percentage points worldwide, ranging from nine percentage points in Europe and lower-middle and low-income nations in Asia to 12 percentage points in Arab states, according to the report, significantly higher than men’s.
This potential for job growth by 2035 will be driven by 96 million direct jobs in childcare, 136 million direct jobs in long-term care, and 67 million indirect jobs in non-care industries, according to the research, which will need an annual investment of $5.4 trillion.
Care at Work: Investing in Care Leave and Services for a More Gender Equal World of Work provides a global overview of national laws and practises regarding care policies, including maternity protection, paternity, parental, and other care-related leave policies, as well as childcare and long-term care services.
According to the ILO report, hundreds of millions of employees with family responsibilities have been left without proper protection and assistance due to persistent and major gaps in care services and policies.
According to the report, as a consequence of both greater employment in care and improved maternal earnings overall, increasing investment in care services and care leave may have an influence on the wage gap between men and women.
According to the report, three out of every ten women of reproductive age, or 649 million women, reside in the 82 countries that did not comply with the ILO Convention. The Convention requires at least two-thirds of prior wages to be paid out of social insurance or public money for a minimum of 14 weeks of maternity leave.
In Africa (23 countries), 51.9 percent of potential mothers live in countries where maternity leave is less than 14 weeks, compared to 55.8% in the Americas (18 countries), and 17.5 percent in Asia and the Pacific (15 countries).
All potential mothers in Europe and Central Asia reside in countries that provide at least 14 weeks of maternity leave. 123 countries throughout the world have fully paid maternity leave, with nine out of ten potential mothers residing in these countries.
According to the report, it would take at least 46 years to obtain minimal maternity leave rights in the 185 countries.
Long-term care services are also necessary to provide the right to a healthy, dignified, and self-sufficient old life. Only 89 out of the 179 countries in the world have a legislated provision of public long-term care services for the elderly.
The report discovered a compelling investment case for developing a revolutionary package of care policies based on universal access that would pave the way for a more equitable and gender-equal workplace.