Are the wage gap/pink tax actual things or just misunderstandings?

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I’ve heard both.

In: Economics

6 Answers

Anonymous 0 Comments

The wage gap most people are referring to is an aggregate average of all full-time employed men and women. But it does not differentiate between what job you have, or exactly how many hours you work, or your level of experience, etc. It just means that, on average, full-time employed men make more money than full-time employed women. But, even this isn’t necessarily true depending on what demographics you look at. For example, new data shows that on average, single childless women under 30 typically make more money than single childless men under 30. This kind of makes sense given that within the last couple decades women have become the majority of college graduates.

I can’t answer about the “pink tax” because I’m not really clear on what that refers to.

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