Gender pay gap has narrowed by 2 cents since 2002

Human ResourcesMoney MattersDiversityHot Spots
Written By Jennifer Joslyn

👱‍♀️ Gender pay gap has narrowed by 2 cents since 2002.

In 2022, the average American woman earned approximately 82 cents for every dollar a man earned, according to Pew Research. In 2022, the average was 80 cents. Some of the reasons this gap may persist, despite the 65 cents being made in the mid-1980s, may be due to women and men tending to work in different occupations, with women often concentrated in lower-paying industries such as education, healthcare, and social services. This occupational segregation contributes to the gender pay gap. Addressing these issues will require a multifaceted approach that includes policy changes, workplace practices, and cultural shifts to promote greater gender equity in the workforce.

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Jennifer Joslyn
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