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Posted: Thursday 8 March, 2018 at 9:06 PM

Reducing Gender Gaps in the Labour Market Top Priority

By: Staff Reporter, SKNVibes.com
    BASSETERRE,St. Kitts - March 8, 2018 - In keeping with the global celebrations of the social, economic, cultural and political achievements of women, OPEN Interactive marked International Women’s Day 2018 by honouring all female staff working at the OPEN Creative Campus in Basseterre.

    The young women were recognised for their contributions to customer relations, programming and web design, social media, public relations, events management, photography and video production.

    Stachio Williams, CEO at OPEN Interactive, expressed pride in the roles played by the female staff, adding that the company has been keen on measures geared towards reducing gender gaps in the labour market

    “As an organisation aspiring to grow into a global brand, we support International Women’s Day  by recognising that with empowerment comes progress. Our company employs a good mix of young people, half of whom are women. At OPEN Interactive, our full support to the empowerment of women can be clearly seen in our balanced hiring and training policies,“ says Mr. Williams.

    On average around the world, women remain much less likely to participate in the labour market than men. At 48.5 per cent in 2018, women’s global labour force participation rate is 26.5 percentage points below that of men. This is according to the just released World Employment Social Outlook: Trends for Women 2018 report.

    The report adds that, not only are women less likely than men to participate in the labour force, but those who do are also less likely to find employment. As of 2018, the global unemployment rate of women, at 6 percent, is approximately 0.8 percentage points higher than that of men. This translates into a ratio of female-to-male unemployment rates of 1.2 in 2018. By 2021, this ratio is projected to remain stable in developed countries and to increase in both developing and emerging countries, mirroring the deterioration in the relative position of women in terms of global unemployment observed over the past decade.

    In Latin America and the Caribbean, the ratio of female-to-male unemployment rates is 1.4, a figure projected to increase by the year 2021. 

    There have been concerted efforts globally to advance the progress on family support provision, formalization of key areas of female-dominated informal work (such as domestic work) and efforts to address vertical sex segregation, especially in areas where reform has the potential to reduce sex discrimination. 

    About OPEN Interactive
    OPEN Interactive is a full-service Technology, Media, Marketing and Public Relations agency with headquarters in Basseterre, St Kitts and Nevis. The business focuses on national development and capacity building. Under the OPEN umbrella exists the OPEN Creative Campus, an incubation space activated within developing geographical areas to facilitate innovation, creativity and entrepreneurship – essential to nation building.
     
    OPEN uses frameworks to brand, build, support, strengthen and position economic drivers including tourism, manufacturing, financial services, housing, water, energy, youth empowerment, economic citizenship and ICT development. OPEN frameworks provide a mechanism for governments, private industry and people to accelerate the process of nation building.  

     
     
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