Image copyright iStock

Gender equality in the workplace could add $4.3 trillion (£3 trillion) to the US economy by 2025, a study has found.

The McKinsey Global Institute conducted the research showing more female employment would boost the economy.

It found $2.1 trillion could be added if the country raised its female employment ratio from 64% to 74%.

Gender inequality is a pressing human issue, but also has huge ramifications for jobs, productivity, GDP growth, and inequality, the report said.

The report says 6.4 million new jobs would need to be added to the US, on top of the 10 million already projected to be added by 2025, just to reach the $2.1 trillion target. That would require businesses and local governments to invest $475 billion.