Eva Victor Explains about Women’s #Equal #Pay #2019
Since we have started tracking the gender pay gap, the difference between the earnings of women and men has shrunk. But significant disparity in how men and women are paid still remains. The uncontrolled gender pay gap, which takes the ratio of median earnings of all women to all men, decreased by $0.05 since 2015. However, women still make only $0.79 for every dollar men make in 2019.
What often gets lost in translation is what the uncontrolled wage gap truly represents — that women are less likely to hold high-level, high-paying jobs than men. There are structural barriers which keep women from advancing in the workplace– this is what we call the opportunity gap.
The controlled gender pay gap, which controls for a number of factors such as job title, years of experience, industry and location so that the only differentiation between workers is their gender, shrunk by just $0.008 since 2015. Women now make $0.98 for every dollar an equivalent man makes.