The wage gap, or the difference between the earnings of men and women, is currently 75 cents on the dollar.
In fact, the most recent analysis by Gould showed that advancement has been at a standstill for more than 20 years: Women made about 80 cents for every dollar earned by men in 2021 after adjusting for differences in education, age, area, race, and ethnicity, which is not much different from the roughly 77 cents they made in 1994.
According to research, a large portion of the pay gap between men and women can be attributed to time away from the workforce, occupational clustering, and the time requirements of jobs. The gender wage gap is a result of a number of factors, including discriminatory practices.
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