On average, women working full-time, year-round are paid 84% of what men are paid. In other words, the typical woman working full-time would need to work from January 1, 2023, until March 12, 2024, to make what the typical man working full-time made in 2023.
The gender pay gap – the difference between the median earnings of men and women – has remained relatively flat in the United States over the past two decades, according to an analysis of hourly earnings of full- and part-time workers. In 2022, U.S. women typically earned 82 cents for every dollar men earned.
Women are stereotypically seen as irresponsible spenders, but the data doesn't back this up. According to a 2019 Experian study, men carry more debt than women across nearly all categories, including credit card debt — the study found that men have $125 more in credit card debt than women on average.
The gender gap is the difference between women and men as reflected in social, political, intellectual, cultural, or economic attainments or attitudes. The Global Gender Gap Index aims to measure this gap in four key areas: health, education, economics and politics.
Korea is considered to have the worst wage gap among the industrialized countries. This gap is often overlooked. In addition, as many women leave the workplace once married or pregnant, the gender gap in pension entitlements is affected too, which in turn impacts the poverty level.
Gender Gap: Voting Choices In Presidential Elections
The gender gap in voting refers to the difference in the percentage of women and the percentage of men voting for a given candidate. A gender gap in voting for presidential candidates has been apparent in every election since 1980.
Running up $50,000 in credit card debt is not impossible. About two million Americans do it every year. Paying off that bill?
Here's the average debt balances by age group: Gen Z (ages 18 to 23): $9,593. Millennials (ages 24 to 39): $78,396. Gen X (ages 40 to 55): $135,841.
In fact, an international study of high-net-worth individuals, conducted by Altiant, revealed that credit card use is a way of life for the wealthy — with half of them (49%) using them daily, and 31% using them more than once a day.
Countries where gender equality is the highest are located in varying regions around the globe. Nordic countries—Iceland, Finland, Norway, and Sweden—top the list, thanks to their gender equitable labor policies, healthcare access, and representation in government and leadership positions.
Gender inequality has its roots in differences between men and women in society. These result from social constructions of relations, which in turn stem from sexual divisions of labor rooted in biological differences between the genders, such as the ability to breastfeed.
"Far from receding, sexism is becoming entrenched, or even increasing" in 2023, warns the independent consultative organization, whose mission is to guide public policy on equality. It draws on the results of a Viavoice barometer survey of 3,500 people in November 2023. Some of the results are reminiscent of the 1960s.
There are many reasons why the pink tax exists, including tariffs, product discrimination, and product differentiation. There are many suggested causes of this discrepancy, including price elasticity and the belief that women are more prepared than men to pay higher prices for their purchases.
Key Takeaways. The glass ceiling is a colloquial term for the social barrier preventing women from being promoted to top jobs in management. The term has been broadened to include discrimination against minorities. Marilyn Loden coined the phrase "glass ceiling" at a 1978 Women's Exposition.
Hiring managers are less likely to hire mothers than women who don't have kids, and when they do hire a mother, they offer her a lower salary. Men do not suffer a penalty when they become dads. Motherhood Penalty [ muhth -er-hoo d pen-al-ty ] noun. The phenomenon by which women's pay decreases once they become mothers.
U.S. consumers carry $6,501 in credit card debt on average, according to Experian data, but if your balance is much higher—say, $20,000 or beyond—you may feel hopeless. Paying off a high credit card balance can be a daunting task, but it is possible.
The Standard Route is what credit companies and lenders recommend. If this is the graduate's choice, he or she will be debt free around the age of 58. It will take a total of 36 years to complete. It's a whole lot of time but it's the standard for a lot of people.
So, for the purposes of the study, Bank of America set a threshold — households spending at least 90% of their income on necessities could be considered living paycheck to paycheck. By that measure, around 30% of American households are living paycheck to paycheck, according to Bank of America's internal data.
According to the Federal Reserve's Survey of Consumer Finances (SCF) for 2022 (the most recent study released publicly), the average savings balance for people ages 64 and younger ranged from $20,540 to $72,520, with median balances ranging from $5,400 to $8,700.
Fatherhood bonus or fatherhood premium refers to the advantages that working fathers get in terms of pay and perceived competence in comparison with working mothers and childless men. Fatherhood bonus occurs due to the belief that fathers have greater work commitment, stability and deservingness.
Women's labor is undervalued. Most of the disparity in women and men's pay cannot be explained by measurable differences between them. Out of the causes of the wage gap that we can measure, the main contributor is that women are more likely than men to work in low-paying jobs that offer fewer benefits. Education.
The worst countries for gender equality in 2022 were Sudan, Yemen, Afghanistan, and Chad. South Sudan has some of the highest rates for forced marriage and maternal mortality.