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Tuesday, 7 March 2017

The demise of equality?

The demise of equality?
- In the last 40 years or so since the 1970s the pay gap or gender gap between men and women in the UK workplace has steadily improved in gender parity. But the gap is not fully closed yet, with an approximate 18 per cent difference in pay between men and women in the UK, with women earning less on average than their male counterparts according to a Guardian newspaper article dated from last year. In a developed country such as the UK this is still a substantial pay gap, albeit one that has improved. More than four decades after the Equal Pay Act, there is some encouraging news in the report. The current 18 per cent gap in hourly wages is down from 23 per cent in 2003 and 28per cent in 1993, the IFS notes. At the same time, the newspaper’s research reveals there has been little improvement for graduates and women with A-levels. For the mid-level and highly educated, the gender wage gap is essentially the same as it was 20 years ago.