Women won't have equal pay until 2277, new report says

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Women won't have equal pay until 2277, new report says
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Women have to wait until the year 2277 for equal pay, says a new report

A woman holds a sign that reads, "Equal Pay" during "A Day Without A Woman" demonstration on March 8, 2017 in Miami.Iceland was recognized as the most gender-equal country for the eleventh year in a row. Other Nordic countries — including Norway, Finland and Sweden — and Nicaragua rounded out the top five. Yemen ranked lowest on the list.

But the report says women in the U.S. are"relatively well-represented" in middle and high management roles, although not in"the very top business positions," making up just 21.7% of corporate managing board members. And the U.S. fared well in education, where the enrollment rate for female students exceeded 90% across education levels, and women outnumbered men in tertiary education.

In addition, a"lack of care infrastructure" means women spend at least twice as much time on care and voluntary work as men do, and a"lack of access to capital" often keeps women from entrepreneurship and other workforce opportunities.

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