To Grow the Economy, Get More Women In the Workforce

To Grow the Economy, Get More Women In the Workforce
AP Photo/Wilfredo Lee

Hindsight is 20/20, so they say. At S&P Global, we recently asked our employees this: knowing what you know now, what career advice would you give your younger self? Reflecting on my own career, there's no doubt that strong women and men alike are critical to any successful team. Now, there's data to back that up.

The experts at S&P compiled the latest data and produced new research on women's participation in and impact on the economy—because it's vital that we learn where we've made progress and where there's still a long way to go. The results were clear: adding more women to the U.S. workforce could add $5.87 trillion to the global market cap. If women were in the workforce at equal participation rates, the GDP could increase by 26 percent.

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