What are the latest statistics on the gender pay gap?
As of 2023, women earn about 82 cents for every dollar earned by men on average in the U.S. This gap varies by race and occupation.
How does the gender pay gap differ across industries?
The gender pay gap is widest in finance and insurance, where women earn about 70% of what men earn, while it's narrower in education.
What factors contribute to the gender pay gap?
Key factors include occupational segregation, differences in work experience, and discrimination. Family responsibilities also play a role.
Are there any countries with a smaller gender pay gap?
Yes, countries like Iceland and Norway have made significant progress, with Iceland having the smallest gender pay gap in the world.
What measures can be taken to reduce the gender pay gap?
Measures include enforcing equal pay laws, promoting transparency in salaries, and supporting women in leadership roles.
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