In the tech world, a large chunk of the tech workforce is made up of women, but they are only a tiny fraction of the total.
In the next 10 years, the tech industry will add almost 500,000 women to the ranks, with women making up nearly a quarter of all tech professionals, according to a new report from the Women’s Venture Capital Network.
While the tech community is now celebrating its diversity milestone, the numbers have been on the decline in the last few years, and women still make up only about half of the workforce in the tech sector, according a report from Women’s Business Daily.
The report found that women make up less than one percent of the entire U.S. workforce, which means they account for less than 0.02 percent of all employees in tech.
At the same time, tech has seen a decline in women taking jobs with high-tech companies, from 20 percent of those in 2015 to less than 10 percent now.
“We have had this huge change in the gender of tech in the past 10 years,” said Lauren Kinsman, the co-founder and CEO of Women’s BVCC.
But the numbers aren’t going away.
Kinsmans report also found that the average woman is still making less than her male counterpart in the same industry.
And for every 10 women in the workforce, there are two women working in technology-related jobs, according the report.
Women still make just under half of all the tech workers in the United States.
That’s a huge number, and it’s only getting worse.
Despite the decline, Kinsmann said that the number of women in technology is growing, but the gap is narrowing.
Women are now the majority of technology employees in the U.K. The country saw the largest increase in women in a decade in 2016, according data from the UBS Group.
The U.N. Economic Commission for Women also recently released data showing that the gender pay gap in the technology industry is narrowing, according.
Kinsmans research found that by 2020, the gender gap in tech was closing.
In 2020, women made up less and less of the IT workforce in America, and by 2022, that would be down to just under 10 percent.
By 2022, women accounted for almost half of those working in tech jobs in the country.
Meanwhile, women are also starting to make a bigger impact in other industries.
According to a report released by McKinsey, women make about 40 percent of Fortune 500 companies, but just 7 percent of top-level executives.
McKinsey says the gender imbalance is particularly pronounced at technology companies.
It found that in 2015, women were 20 percent less likely to hold senior leadership positions than men, and that’s the same level of disparity in tech as in finance, banking, healthcare and retail.
Another McKinsey report found the gender wage gap in technology at nearly 50 percent.
And that’s just in the Fortune 500, where women made just 6 percent of CEO’s in 2016.
In the same report, McKinsey found that only 12 percent of tech companies have a women-only workforce.
That’s about half the number that would have existed in 2020, which is a significant change.
The company said that while women make the majority in tech, they still account for just 2 percent of executives and senior management.
These numbers are all great news for women in STEM fields, like STEM education and careers, but Kinsms report highlights the fact that these numbers don’t tell the entire story.