A lack of affordable childcare in the UK is forcing women out of work and hampering career progression, causing the UK to fall five places in a global index of women’s employment outcomes.
According to PwC’s annual women in work index, which looked at data from 2021, the UK ranked 14th for women’s employment outcomes among OECD countries, down from 9th in 2020.
The UK’s gender pay gap widened by 2.4 percentage points to 14.4% in 2021, four times the average increase across the OECD as a whole. This, coupled with a 0.4 percentage point decline in the female labour force participation rate, led to the UK slipping down PwC’s list.
The average OECD gender pay gap was 14%, based on median hourly earnings.