According to new research by CEPR, the gender pay gap in high-income nations won't disappear soon due to workforce dynamics, with entry and exit impacting the narrowing of the gap.
The narrowing of the gender pay gap over the years was influenced by new workers entering the labor market, with young men earning less, and older generations retiring contributing to slight changes.
The choice of college major affects entry-level pay disparities between men and women, despite women making up a higher percentage of college-educated workers.
#gender-pay-gap #cepr-research #workforce-dynamics #entry-level-pay-disparities #college-major-impact
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