Reflections on the Gender Wage Gap

Although the gender wage disparity is a complex problem, the 1963 equal wage law promised equal wages for equal work, but still exists. According to the US Bureau of Labor Statistics, in 2010, women earned 81 cents per dollar earned earned the attention of scholars, policy makers, news organizations and caused a series of problems (2011). Since adoption of the Equal Pay Act in 1963, wage disparities have shrunk sharply in the past 50 years, but many people think the disparity has not shrunk or shrunk rapidly.

Some people think that gender wage disparity mainly reflects the choice of female carriers, especially the choice of careers. However, it can be seen that the wage disparity between vocational and men and women plays a greater role than the occupational wage gap in occupational men and wage wage disparities (salaries are low for both males and females in women with high proportions). As a thought experiment, imagine that all women are selected from occupations and take jobs to reflect the distribution of men throughout the vocational labor market. For example, if 1.22% of men are currently software developers, 1.22% of women (not 0.33% of today's women) will be software developers. 13 How will this redistribution of career affect women's wage disparity? Claudia Goldin assumed this scenario in his 2014 paper (Goldin 2014)

What is gender wage disparity? is it true? A complete guide on how women fall below men and why they can not explain

Generally, women's wages are lower than men's wages and are not equal. However, except for the highest income people, the gender wage disparity of everyone seems to be somewhat slow, but has a consistent end. Between 2000 and 2015, the average wage disparity between men and women declined and women's average wage rose from 78.0% of men's average wage to 83.3%. Unfortunately, the important reason for this reduction is a decrease in male wages. In fact, due to the decline in male and female wages, 40% of the gender wage disparity has shrunk since 1979 (Gould and Davis 2015). It is clear that this is not an ideal strategy for achieving gender equality or gender economic stability. The gender wage disparity is the largest at the 95th percentile and has not been recently closed.