wage disparity

Wage disparity refers to the differences in pay typically experienced by different groups of people, often influenced by factors like gender, race, education, and job type. For example, research shows that women and people of color often earn less than their male or white counterparts for similar work. This can result from various reasons, including discrimination, unequal opportunities, or differences in negotiation practices. Wage disparity can impact individuals' quality of life and contribute to broader economic inequality, making it a significant issue in discussions about fairness in the workplace and society.