Gender Pay Gap: Supporting Evidence
From 1979 through the 1990’s the wage gap had been consistently approaching an equilibrium, however, progress has stagnated over the past 20 years and the reason for this is unclear. Current, unadjusted statistical analysis shows that the typical woman, who represents the median value, makes 0.83 cents per every dollar a typical man makes per hour worked. However, this value does not take into other factors such as industry or education and more advanced studies have shown wage gaps of 8.4% when these variables are accounted for. While these factors clearly have a significant impact in tandem, the individual contributions of these differences are subject to questioning as well. Understanding the data and dynamics of both higher education and the industries that are dominated by women are crucial to correctly interpreting why this difference exists.