Promoting women will boost economic potential of US and S.Korea - Yellen

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Women represent a 'huge untapped resource' for both the United States and South Korea, says Yellen.

Women represented a"huge untapped resource" for both the United States and South Korea, Yellen, the first woman to head the U.S. Treasury, told the women in remarks prepared for delivery during a lunch at a vegan restaurant in Seoul.

Yellen told Reuters late on Monday that increasing access to paid leave and child care remained a priority for the Biden administration, adding:"We're not throwing in the towel on any of it." A Treasury official said the conversation focused on the challenges of moving ahead in the tech sector while balancing careers and families, a theme echoed during a subsequent meeting Yellen held with women economists from the Bank of Korea.

 

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