Wage Inequality and Gender Gap

Wage inequality refers to the disparity in earnings among different groups in the workforce, often based on factors like occupation, education, and experience. The gender gap specifically highlights the difference in wages between men and women for similar work. Despite progress, women often earn less than men due to various factors, including discrimination, career interruptions, and the types of jobs commonly held. Addressing these issues involves promoting equal pay, supporting women in leadership roles, and encouraging workplace policies that foster equity. Reducing wage inequality benefits society as a whole, leading to economic growth and social justice.