What are the effects in the job market when women are less educated Research Paper

What are the effects in the job market when women are less educated than man - Research Paper Example As a result, these women, should they be forced by need to work, will be confined to low productivity and income jobs. Women, up to now, are still vastly overrepresented among unpaid workers or in the informal sector. As education and experience are valuable inputs to productivity and earnings, non-diversification of the human capital deeply impacts the rate of economic development. Education is widely recognized as the prerequisite to economic security and opportunity. In analysis, the state of diversification in the job market presupposes the condition that there is no enhanced creativity in limited viewpoints as women is often not in the equation. This creates a narrow selection in the existing talent pool that often stagnates growth. The job market will negate a picture of strength as there would be less demand for labor without diversified aptitudes and abilities in its workforce. It will also have less ability to demand higher absolute and relative wages as job specialization would be diminished. A relatively weak job market ultimately prevents the increase in employment which would be accompanied by slow economic growth and perpetuates further market and institutional failures (World Bank, 2012). World Bank. (2012). Gender Difference in Employment and Why They Matter. Retrieved October 15, 2012, from World Development Report 2012: Gender Equality and Development: