Friday, March 6, 2015

International Women’s Day marred by failure to close gender pay gap

Women’s income worldwide will lag behind men’s for another 70 years if the pay gap continues to shrink at its current snail pace, a report by the UN warns. In the UK, men still earn on average 19.1 percent more than women. Worldwide, women on average earn 77 percent of the amount earned by men. Women with children can expect to earn even less than childless women when they return to work, according to the International Labour Organization (ILO).
The pay gap has only improved by 3 percent in the past 20 years, the report reveals. The US passed its Equal Pay Act in 1963. The UK introduced similar legislation 45 years ago. In the UK, the overall gender pay gap is at its lowest point in history, but men still earn on average 19.1 per cent more than women, and female MPs make up less than a quarter of parliament.
Read the article HERE
INC News, 06/03/2015 - via RT

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