In 2023, the gender wage gap widened as women working full-time earned 83 cents on the dollar compared to men, a statistically significant shift since 2003.
The 2023 widening of the gender wage gap for U.S. working women reflects the complex aftermath of the pandemic, where many returned to low-wage sectors.
Even though the overall wages increased last year, the rise was more pronounced for men, leading to a reversal of the trend of narrowing wage gaps.
Hispanic women experienced a unique situation where their wage gap narrowed slightly, highlighting the complexities of the labor market recovery for different demographics.
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