economics blog

Declining Gender Pay Gap | Economics Blog

Declining Gender Pay Gap


Previously, I have written an essay examining reasons which might explain differences in pay between men and women.

I think the most relevant reasons, in modern society include:

Career Breaks to have children (I believe studies have shown that women without children gain fairly similar wages to men)

Different Choice of Profession. – Women more likely to choose ‘caring’ professions which are lower paid.

The role of discrimination is hard to quantify, but, generous maternity pay has made hiring women something of a potential burden.

Graph showing decline in Gender Pay Gap

gender pay gap

Source: National Statistics 2007 link

Reasons for Decline in Gender Pay Gap

  • Changing Social Aspirations
  • Declining birth rate (more women remaining childless )
  • Decline in Discrimination?
  • Increased Educational Standards of Women

 

0 comments ↓

There are no comments yet...You are welcome to leave a comment in the form below.

Leave a Comment