A recent study released by the International Labor Organization (ILO) and published by the Washington Post shows that nearly a third of all businesses around the world are now owned or managed by women. Additionally, women now hold roughly 40 percent of jobs around the globe. While these numbers may seem encouraging, there is still a long way to go. For example, in the United States, women hold less than 20 percent of all corporate board seats. In most developed countries, women are underrepresented on the boards of large corporations.
In developing countries, however, women seem to have more opportunity. Jamaica reigns supreme with close to 60 percent women managers. Colombia and Saint Lucia rank next with 53 and 52 percent respectively. Beyond these three, the Philippines comes in fourth with just under 48 percent female managers.
The countries with the lowest number of employed women managers are Yemen, Pakistan, and Algeria with 4.9, 3, and 2.1 percent of women bosses. The rest of the bottom ten are from countries in the Middle East and North Africa.
Answer in the comment section below. The answer will be revealed at next week’s “Jeopardy!”
Answer to last week’s “Jeopardy!”: Which elements of an employment deal matter most to US employees when choosing their workplace? According to a 2011 study conducted by Mercer, a leading human resources consulting firm, employees in the US ranked the most important elements of an employment deal as: 1) Base pay; 2) Retirement savings or pension plan; 3) Type of work; 4) Low health care costs; 5) Bonus or other incentives; 6) Working for a respectable organization.
Despite criticism that international trade exports jobs, about 9.7 million jobs were supported solely by the export of goods and services in 2011. Normally, great attention is placed on the effects of trade on employment or wages in the manufacturing sector, overlooking the impact of trade on the transportation sector because of the many factors that affect transportation employment. But a recent study has been written examining how employment in the transportation sector can significantly be affected by international trade.
The study found the following information:
The expansion of U.S. exports between 2003 and 2010 added between 63,000 and 140,000 workers to the sector, with a central estimate of 101,000 workers.
The positive contribution of U.S. exports to transportation sector employment offsets some of the national decline in transportation employment over this period.
The 30.4 percent increase in the value of exports between 2003 and 2010 helped to limit the national decline in transportation employment to about one percent over this period.