The International Labour Organization (ILO) says while a significant number of women in Latin America and the Caribbean have been able to attain higher education than men, they are still earning less than their male counterparts.
In its World Employment and Social Outlook: Trends 2020 (WESO) publication released here on Monday, also noted almost half a billion people are working fewer paid hours than they would like or lack adequate access to paid work.
'In Latin America and the Caribbean, for example, the average level of educational attainment of women now surpasses that of men, yet women in the region still earn 17 per cent less per hour worked than men,' the ILO report noted.
It said that contemporary labour markets also continue to be characterized by gender inequality.
The ILO reported that last year, the female labour force participation rate was just 47 per cent, 27 percentage points below the male rate at 74 per cent.
'There is strong regional variation in gender disparities in access to employment. Gender stereotypes that emphasize the role of women as the main caregivers and that of men as the main breadwinners remain deeply ingrained in some regions.'
The ILO report notes also that substantial inequalities in the labour market prevail.
'To begin with, a person's geographical location strongly determines his or her likelihood of finding paid work that is of good quality. Low-income countries have the highest employment-to-population ratio (68 per cent), as many vulnerable workers are forced to take up any job, regardless of its quality'.
The ILO said that while time-related underemployment affects only around one per cent of all workers both in North America and in Eastern Europe, it affects eight per cent of the employed in Latin America and the Caribbean and up to 13 per cent in low-income countries worldwide.
'Even when people have a job, there remain significant deficiencies in work quality. Decent work concerns the adequacy of wages or self-employment earnings, the right to job security and a...