4 myths about women’s careers ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

DELIVERING ACTIONABLE INSIGHTS ON THE DAY’S NEWS As only McKinsey can The global gender gap In the news • More than a century. Without meaningful change, attaining full gender parity could take another 134 years, according to the World Economic Forum’s 2024 report on the global gender gap, released in June. One of the biggest gaps is in women’s representation and leadership in the workplace. Globally, women trailed men in virtually all sectors and economies studied, representing 42% of the labor force and about 32% of senior leaders. [WEF] • Slowing progress. CNBC reports that countries around the world have slightly narrowed the global gender gap, but progress is slowing, per a recent report from the World Economic Forum. Iceland, with 93.4% of its gender gap closed, is the world’s top country for gender equality. The leading region for gender equality is Europe, which has attained 75% gender parity. Elections being held in multiple countries could pave the way for greater equality, according to the study. [CNBC] For every 100 men promoted from entry level to manager, 87 women are promoted. On McKinsey.com • Underrepresented. Now in its ninth year, the Women in the Workplace report from McKinsey, in partnership with LeanIn.Org, is the largest study of women in corporate America and Canada. This year’s research reveals some hard-fought gains at the top, with women’s representation in the C-suite at the highest level it has ever been. However, with progress in the middle of the pipeline still lagging behind, coupled with a persistent underrepresentation of women of color, true parity remains painfully out of reach, McKinsey senior partner Lareina Yee and coauthors explain. • The broken rung. One common myth is that the glass ceiling represents the biggest barrier to women’s advancement. In reality, the “broken rung” at the first critical step up to manager is women’s greatest obstacle to reaching senior-leadership positions. Progress for early-career Black women remains the furthest behind, with only 54 Black women promoted for every 100 men. Discover four myths about women’s workplace experiences, and for a country-level exploration of the women’s health gap, which greatly affects working-age women, visit this McKinsey Health Institute interactive.    Dispel myths about working women —Edited by Belinda Yu, editor, Atlanta Was this forwarded to you? Sign up here. Or send us feedback—we’d love to hear from you. Follow our thinking McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android. Copyright © 2024 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007