An annual investment of $5.4 trillion will be required to generate these jobs
Investing in universal childcare and long-term care services can generate up to 299 million jobs by 2035. Of these, 234 million (78 per cent) will go to women, according to a new report by International Labor Organization (ILO), the United Nations labour agency.
According to the report, employment rates of women will rise by 10 percentage points overall, ranging from nine percentage points in Europe and lower-middle and low-income countries in Asia to 12 percentage points in the Arab states, far more than for men.
This job creation potential by 2035 will be driven by 96 million direct jobs in childcare, 136 million direct jobs in long-term care and 67 million indirect jobs in non-care sectors and for that, an annual investment of $5.4 trillion will be required, the report said.
The report, titled Care at work: Investing in care leave and services for a more gender equal world of work provides a global overview of national laws and practices regarding care policies, namely maternity protection, paternity, parental and other care-related leave policies, as well as childcare and long-term care services.
The ILO report revealed that persistent and significant gaps in care services and policies have left hundreds of millions of workers with family responsibilities without adequate protection and support.
The investment in care services and care leave can also have an impact on the gap between male and female earnings, as a result of both, increased employment in care and increased maternal earnings overall, the report noted.
The report found that three out of every ten women of reproductive age or 649 million women, lived in the 82 countries that did not meet the ILO Convention. The Convention mandates 14 weeks of minimum maternity leave on at least two-thirds of previous earnings, funded by social insurance or public funds.
The proportion of potential mothers living in countries with maternity leave durations below 14 weeks is 51.9 per cent in Africa (23 countries), 55.8 per cent in the Americas (18 countries) and 17.5 per cent in Asia and the Pacific (15 countries).
In Europe and Central Asia, all potential mothers live in countries providing at least 14 weeks of maternity leave. Globally, 123 countries offer fully paid maternity leave, with nine in 10 potential mothers living in these countries.
The report warned that it will take at least 46 years to achieve minimum maternity leave rights in the 185 countries analysed for the study.
Long-term care services are also essential to ensure the right to healthy ageing in dignity and independent living. Globally, only 89 out of 179 countries have a statutory provision of public long-term care services for older persons.
The report found a strong investment case for creating a transformative package of care policies based on universal access that will create a breakthrough pathway for building a better and more gender-equal world of work.
The ILO report called for action to invest in a transformative package of care policies including
The report was released March 7, 2022, ahead of International Women’s Day.
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