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Gender pay gap will take 170 years to close, report finds

<p>The global economic gender gap has widened again, and it could take decades to close.</p><p><a href="http://www3.weforum.org/docs/GGGR16/WEF_GGGR16_Full_Report.pdf" target="_blank">A new report</a> from the World Economic Forum predicts it will take 170 years to eliminate the divide in pay and employment opportunities between men and women.</p><p><b>SEE MORE: <a href="http://www.newsy.com/videos/the-world-s-top-earning-female-athlete-wants-equal-pay-for-all-women/">The World's Top-Earning Female Athlete Wants Equal Pay For All Women</a></b></p><p><a href="http://reports.weforum.org/global-gender-gap-report-2015/press-releases/" target="_blank">Just last year</a>, the forum said that same goal could be achieved in 118 years.</p><p>As the most recent report put it, "More than a decade of data has revealed that progress is still too slow for realizing the full potential of one half of humanity within our lifetimes."</p><p>To get these results, the World Economic Forum analyzed 144 countries and measured their overall gender gap in several key areas, including education, political advancement and economic participation and opportunity.</p><p>The report found that, while gender equality improved in 68 nations, it got worse in 74, making 2016, as the study put it, "an ambiguous year for global gender parity, with uneven progress at best."</p><p>So what's stopping us from closing the gap? A lot of factors, including salary and education, are at play.</p><p>But one of the report's authors <a href="http://fortune.com/2016/10/25/wef-gender-parity-report/" target="_blank">told Fortune</a> it has a lot to do with the number of women in the labor force, which has declined globally.</p><p>She told the outlet, "Consistently, in the last three years, the rate of change is slowing down, and that's starting to show up in economic gender parity numbers."</p><p>The <a href="https://www.theguardian.com/business/2016/oct/25/gender-pay-gap-170-years-to-close-world-economic-forum-equality" target="_blank">authors of the report say</a> they hope these findings will convince governments to "accelerate gender equality through bolder policymaking."</p><hr><b>Trending stories at <a href="http://www.newsy.com">Newsy.com</a></b><ul class="inline-related-links"><li><a href="http://www.newsy.com/videos/russia-seems-to-be-preparing-for-a-war/">Russia Conducts Major Disaster Preparation Drills</a></li><li><a href="http://www.newsy.com/videos/hurricane-matthew-leaves-1-4m-people-in-haiti-needing-food/">Haiti Is In Dire Need Of Food After Hurricane Matthew's Destruction</a></li><li><a href="http://www.newsy.com/videos/terror-attack-in-pakistan-leaves-at-least-59-dead/">ISIS Claims Responsibility For Attack In Pakistan; At Least 59 Dead</a></li></ul>
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GENEVA (AP) — The global gap in earnings between men and women will not be closed for another 170 years if current trends continue, according to a new report from the World Economic Forum.

The Switzerland-based forum's annual Global Gender Gap Report , released Tuesday, lists economics and health as the most challenging disparities between men and women worldwide.

Of the economic divide, the report says that "at the current rate of change, and given the widening economic gender gap since last year, it will not be closed for another 170 years."

The report has more positive findings when it comes to the gender gap on educational attainment, which it says "could be reduced to parity within the next 10 years."

The widest gap between the sexes, according to the survey, is in political empowerment. But the forum notes that significant progress has been made in narrowing that divide since its first gender gap report was released in 2006.

Four Nordic countries, Iceland, Finland, Norway and Sweden, top the Global Gender Gap index, which measures differences in economics, education, health and political empowerment among 144 countries. No country has fully closed its overall gender gap, but those in the top five, which also includes Rwanda, have closed more than 80 percent of theirs.

The U.S. placed 45th in the index, down from 28th in 2015. The report cites a decline in the number of women participating in the labor force over the past year as a partial reason for the drop. However, it also notes that the U.S. has attained parity among genders in education.

Yemen comes in last in the index, with the report finding that it has closed just over 51 percent of its overall gender gap.