Global inequality is shockingly entrenched and vast and the number of billionaires has doubled in the last decade. They spend billions of hours cooking, cleaning and caring for children and the elderly. Women do more than three-quarters of all unpaid care work. They often have to work reduced hours or drop out of the workforce because of their care workload. Across the globe, 42 percent of women of working age cannot get jobs because they are responsible for all the caregiving, compared to just six percent of men. Jobs such as nursery workers, domestic workers, and care assistants are often poorly paid, provide scant benefits, impose irregular hours, and can take a physical and emotional toll. The pressure on carers, both unpaid and paid, is set to grow in the coming decade as the global population grows and age. An estimated 2. Climate change could worsen the looming global care crisis —byup to 2.
Industry-specific and extensively researched technical data in part from exclusive partnerships. Additional Information. Values calculated by Statista using the allocate of total billionaires provided by the source. Worldwide wealth distribution by achieve worth of individuals This appear is limited to our corporate solutions. Premium statistics.
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Amazing scale of inequality laid bare at the same time as Oxfam report highlights chronically undervalued character of care work. The charity says women around the world, especially those living in poverty, do more than three-quarters of all unpaid care act, which is chronically undervalued and taken for granted by businesses and governments alike. Ageing populations, cuts in broadcast spending, and the climate crisis bidding exacerbate gender and economic inequality, the report warns. An estimated 2. Although governments are increasing taxation on the poorest, cutting public spending and privatising education and health, according to Oxfam. The climate crisis will mean an estimated 2. Solutions lie in governments thinking beyond profit and investing all the rage water, sanitation, electricity, child and healthcare to improve quality of life after that free up hours of work a day, according to Oxfam.