Philanthropist Melinda Gates told CNBC on Tuesday that women around the world need to be encouraged to participate in the workforce at the same rate as men.
"The [gender] gaps are particularly in the area of employment. That is, having labor force participation equal to men. We're not even close yet," the co-chair of The Bill & Melinda Gates Foundation said in a "Squawk Box" interview. She spoke a day after joining Hillary Rodham Clinton to unveil a new analysis—conducted with The Clinton Foundation—of global gender inequality.
Their "No Ceilings Full Participation Report" identifies the significant gains women have made and the challenges that remain in the 20 years since the U.N. Fourth World Conference on Women in Beijing—where then-first lady Clinton called on the international community to ensure "women's rights are human rights."
According to the "Full Participation Report," about 55 percent of women globally are part of the labor force, compared with 82 percent of men, and the gap between men and women has not changed significantly since 1995.