UN: Financial crisis hit women harder on jobs

AP News
Posted: Dec 14, 2012 6:19 PM

UNITED NATIONS (AP) — The U.N. labor agency says in a new report that the global financial and economic crisis hit women harder than men in the job market — and no improvement is likely.

The International Labor Organization said the gap between unemployed women and men rose in 2012, destroying 13 million jobs for women.

Looking ahead, the Geneva-based organization wasn't optimistic of a recovery.

The ILO's Global Employment Trends for Women 2012, circulated here Friday, said projections show no significant reduction in female unemployment expected even by 2017.

Michelle Bachelet, executive director of UN Women which contributed to the report, said that "While women worldwide contribute to the economy and its productivity, they continue to face many barriers that prevent them from realizing their full economic potential."