37 years until women's incomes catch up to men's

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37 years until women's incomes catch up to men's
Photo: Janerik Henriksson/TT

The calculation is based on the annual report that Swedbank makes on men's and women's finances, based on statistics from Statistics Sweden and the Swedish Social Insurance Agency. The bank's economist Madelén Falkenhäll points out that the development is currently going in the wrong direction.

"The feeling is that women were more involved before and it developed in the right direction," Madelén Falkenhäll tells TT.

The gap is widening

As an example, she states that when the survey was presented three years ago, the gender gap was expected to close by 2048, that is, in 25 years. Now it is 37 years in the future.

Regionally, there are also large differences. Jönköping County is expected to achieve gender equality in 2051, but it will take until 2157 in Norrbotten County.

The explanation for the differences is the classic one. Women adapt their work situation to a greater extent than men; they take the majority of parental leave.

If the differences were to be evened out, it would correspond to 700 SEK per month after tax for a woman with a median salary, Swedbank states in the report.

"It creates very skewed conditions. We talk about \"owning your own economy.\" If women are constantly left with lower incomes, it will be tougher for them to manage on their own. Then you end up in situations where you don't have the freedom to influence your life," Falkenhäll says.

Sensitive issue

From a political perspective, pocketbook issues have been raised in recent months and a series of election promises have been launched from various quarters that are intended to improve the economy for voters.

However, this particular issue does not receive the same attention at all, perhaps because it is loaded, Madelén Falkenhäll believes:

"It becomes a very political issue. Then you might need to get into parental insurance and those issues. It might be that people think carrots are better than sticks, so it could be a sensitive issue. That could mean that this might have gotten a little lost," Falkenhäll says.

Jönköping County: Year 2051

Kronoberg County: Year 2052

Halland County: Year 2054

Skåne County: Year 2058

Östergötland County: Year 2059

Kalmar County: Year 2059

Södermanland County: Year 2060

Stockholm County: Year 2061

Blekinge County: Year 2061

Dalarna County: Year 2062

Västra Götaland County: Year 2064

Gävleborg County: Year 2068

Västmanland County: Year 2071

Värmland County: Year 2072

Uppsala County: Year 2073

Västernorrland County: Year 2074

Gotland County: Year 2075

Örebro County: Year 2079

Jämtland County: Year 2079

Västerbotten County: Year 2103

Norrbotten County: Year 2157

Source: Swedbank

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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