Abstract

Gender discrimination in employment has many negative effects on macro-economy and social development. Financial technology is developing rapidly. Does the development of fin-tech significantly promote women's employment and gender equality in employment?
With text mining, principal component analysis, and entropy weighting methods a fin-tech development index was constructed from three dimensions: fin-tech enterprise development, fin-tech social ecology, and fin-tech social cognition. Taking it as the independent variable and Using the number of women employed in the financial and non-financial industries, as well as gender disparities in employment, as the dependent variables, this paper uses the GMM model to verify whether the development of financial technology promotes gender equality in employment. In addition, the regional differences in gender equality employment, in women's human capital level, dependency ratio, and industrial structure affected by the development of fin-tech were examined; The research results indicate that: Fin-tech can promote employment in the financial industry. Compared to women, fin-tech has a stronger promoting effect on men, thereby exacerbating the gender gap in employment. Moreover, fin-tech can significantly narrow the gender employment gap between men and women, and alleviate gender employment discrimination in the labor market.