Tue, 9 February 2010
Employment
Employment Information
Managing crisis: Reflections on International Women’s...
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President of the European Professional Women's Network Mirella Visser asks, "What will be the impact of the crisis on women in the workforce and how can women increase their chances?"It is too easy to say that every crisis offers opportunities and women just have to ‘get on with it’. History has shown that a crisis hits hardest those whose position on the labour market is weakest. But also that a well-informed and pro-active attitude increases the chances to benefit from a crisis instead of suffer from it. This IWD will be a day of reflection and action planning for women on how to survive and even take advantage of the crisis.
Women are the engine of growth
Women’s labour force participation rates have spectacularly increased over the past decades. Currently, in Europe shows that 57 percent of women are employed compared to 71 percent of men. Women have become the engine of Europe’s economic growth by taking up six of the eight million newly created jobs since 2000. According to a 2007 McKinsey’s study, the gap between women’s and men’s labour participation rate needs to be filled for Europe to remain competitive; if not, the EU will have a labour force shortage of over 24 million workers by the year 2040. Enabling women to combine work and family, companies have offered part time work, temporarily or structurally, and other facilities, spurred by governmental incentives. As a result 31 percent of European working women work part time, compared to 7 percent of men currently being in part-time employment.
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