The pay gap between US men and women in full-time jobs is at an all-time low, a news report has revealed, quoting Labor Department.
The report by CBS News added that women now make 84 cents for every $1 men earn for similar work, with a median weekly paycheck of $1,001 for female workers compared to $1,185 for men, citing federal data. Women continue to face obstacles in the workplace but the latest figures reveal a progress. A decade ago, on average, women earned 78% of men’s earnings.
The report also quoted sources that said women are focusing more on careers before having children resulting in a closing pay gap.
The report added that the pandemic played a role by increasing demand in women-dominated professions, alongside the shift to remote work and increased flexibility. These have resulted in better work-life balance for them as they contribute predominantly to caregiving and chores.
Experts suggested women should be aware of the pay in male-dominated fields to negotiate better.
