Women’s Role in the Economy During COVID-19: The Week in TalentBy Andrea Villar | Thu, 08/12/2021 - 14:32
The impact the pandemic has had on the workforce, especially women, has prompted companies and organizations to launch programs aimed at supporting this segment of the population. This week the World Trade Organization (WTO) announced a program to help women learn about and take advantage of the benefits of international trade as "gender equality sits at the intersection of many international issues, negotiations and policies," said WHO’s Deputy Director. Meanwhile, software provider Cisco also unveiled a program that aims to help women develop Information and Communication Technologies (ICTs) skills.
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- The WTO launched a research and dissemination project called “Gender and Trade in the Americas” to impact women’s lives and help them reap the benefits of international trade. The organization is working to craft a concrete package to be adopted at the WTO’s 12th Ministerial Conference at the end of this year to support women’s economic activities. “We live in an interconnected world and it has shown us that gender equality sits at the intersection of many international issues, negotiations and policies. Take climate change, labor, trade or the COVID 19 pandemic. All include a gender perspective because women are at the center of countries’ economic and social lives,” said WHO’s Deputy Director-General Anabel González. Read the complete article here.
- According to BBVA Research, Millennials with complete or incomplete studies at a professional level had a monthly income of MX$11,252 (US$561) during 2020. This is more than double the salary of those with a high school level education (MX$5,546 or US$277), and 63 percent more than someone with a technical career (MX$6,883 or US$343). Millennials with a master’s or doctorate earned an average of MX$16,102 (US$803) per month. Get the full picture here.
- Several government entities and Cisco Mexico have launched the Digital Skills Program for Mexican Women of the 21st Century, which encourages and supports digital literacy and technological specialization. The Ministry of Economy, the Ministry of Labor and Social Welfare and Cisco reported that Mexican women will participate in developing Information and Communication Technologies (ICTs) skills. The program promotes their inclusion in the labor ecosystems, contributing to the growth and economic development of the country. Only 17 percent of the people working in ICT areas in Mexico are women, according to INEGI. Read all about what this program has to offer here.
- Despite surpassing economic growth expectations, Mexico has yet to bridge the loss of 2 million jobs that effectively sidelined young professionals, particularly women, between the ages of 15 and 34, reported the Ministry of Finance and Public Credit (SHCP). These findings were substantiated by the Mexican Institute for Competitiveness (IMCO), which found that this demographic was especially vulnerable given that the COVID-19 pandemic accelerated changes in the workforce, plus the reduced cost of liquidizing young workers. The agency worries that the prolonged unemployment of this demographic will generate long-term effects beyond the pandemic, including limiting access to quality jobs and income. Read the complete article here.