Gender gaps in the labour markets of the future: Science, technology, engineering and mathematics (STEM) occupations are an important set of jobs that are well remunerated and expected to grow in significance and scope in the future. However, this trend shows a clear reversal starting in 2022, which brings the 2023 rate back to 2021 levels. For the past eight years, the proportion of women hired into leadership positions has been steadily increasing by about 1% per year globally. Construction, Financial Services, and Real Estate present the toughest conditions for aspiring female leaders, with a ratio of C-Suite to entry-level representation of less than 50%. Women fare relatively better in industries such as Consumer Services, Retail, and Education, which register ratios of C-suite vs entry level representation between 64% and 68%. Different industries display different intensities and patterns when it comes to this “drop to the top”. Women’s representation drops to 25% in C-Suite positions on average, which is just more than half of the representation in entry-level positions, at 46%. In LinkedIn’s sample, which covers 163 countries, women account for 41.9% of the workforce in 2023, yet the share of women in senior leadership positions (Director, Vice-President (VP) or C-Suite) is at 32.2% in 2023, nearly 10 percentage points lower. Workforce representation across industries: Global data provided by LinkedIn shows persistent skewing in women’s representation in the workforce and leadership across industries.
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