By Liz Farmer | Governing
Want to grow your economy? Close the gender gap.
That’s the advice from a new report that says states and cities could add up to $4.3 billion to their annual economic output simply by focusing on policies that create a more equitable environment for women in the workforce.
The report, produced by the think tank McKinsey Global Institute, looked at levels of gender equality in measurable areas like political representation; workforce participation and leadership; educational attainment and teenage pregnancy rates. Overall, researchers found high gender inequality in many states and in some of the top 50 largest metropolitan areas.
