High cost of lower female employment
The EU would be an estimated €370 billion better off each year if the employment rate of womenequalled that of men.
This figure, which is equal to 2.8% of EU GDP, is the sum of income not earned and welfarecontributions not made plus the cost of welfare transfers. (It does not, however, take account ofthe economic contribution of women not active in the labour market.) The finding comes from aE