BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Women Consistently Earn Less Than Men. Women are over-represented in lower paying jobs and, as they age, the pay gap widens even more. The U.S. Census Bureau’s Quarterly Workforce Indicators (QWI) shows the pay and age dynamic of women and men.

Detailed explanation-2: -Women are generally found to be paid less than men. There are two distinct numbers regarding the pay gap: non-adjusted versus adjusted pay gap. The latter typically takes into account differences in hours worked, occupations chosen, education and job experience.

Detailed explanation-3: -For example, in 2021: Women made up an estimated 44 percent of the overall workforce, but an estimated 41 percent of managers. Women earned an estimated 82 cents for every dollar that men earned (an overall pay gap of 18 cents on the dollar).

Detailed explanation-4: -There are three major contributors to the ongoing pay discrepancy: job type, discrimination and shouldering caregiving duties, Fry said. For one, women are overrepresented in low-paying service jobs relative to men.