Equal pay for women and men worldwide has "slowed dramatically" and could take another 170 years.
That is, according to this year's Global Gender Gap Report.
Last year, the World Economic Forum's report said the economic gap would close in 118 years (that's 2133), but now progress has since reversed and it could be 2186 before it happens.
The report also identifies gender gaps in health, education and political empowerment. Right now, the United States doesn't even break the top 40.
The United States placed 45th out of 144 countries, 17 spots below last year's number. Here's the top 10:
The report says the U.S. has attained parity between the sexes in education, but the country's drop in ranking can be tied to a decline in working women over the past year, and an updated measure for estimated earned income. Women in the U.S. earn an average of 65 cents for every $1 a man earns, according to the organization.
Worldwide, the economic gap is at 59 percent, and there are a number of reasons for this:
- Women around the world earn just over half of what men do, despite working longer hours.
- Fewer women participate in the labor force (54 percent of women compared to 81 percent of men).
- The number of women in senior positions remains "stubbornly low" – only four countries have equal numbers of male and female legislators, senior officials and managers. That's despite 95 percent of countries having just as many college-educated women as men.
As shown on this chart, the U.S. is "going backwards."
Some other findings from the report:
- The education gender gap is still making improvements. Over the past year it has closed 1 percent, making the gap 95 percent closed.
- Health is the other area where the most progress has been made, with the gap 96 percent closed.
- The gender gap is the largest in political empowerment, but it also has seen the greatest amount of progress since 2006 (when the World Economic Forum began measuring the gender gap). The gap is at 23 percent – 1 percent greater than last year, and 10 percent higher than 2006.