Categories: Business

In the EU: Gender Pay Gap drops hardly

In the EU
Gender Pay Gap drops hardly

Men earn in the EU continue to more money than women. Photo: Monika Skolimowska/dpa-Central picture/dpa

© dpa-infocom GmbH

Men across the EU earn more money than women. This difference is smaller, but not as fast as some would wish.

The gap between the salaries of men and women in the EU decreases only very slightly. This “Gender-Pay-Gap”, i.e. the difference between the gross hourly wage of men and women, was 2017, at 14.5 percent, in 2018, at 14.1 percent, as the EU informed the Commission.

“At this rate, it would take decades or even centuries to achieve gender equality”, said Commission Vice-Vera Jourova, in a joint communication, the EU-commissioners, Nicolas Schmit and Helena Dalli on the occasion of the European day of equal pay on 10. November. For every dollar a man earn by the hour, receive a woman an average of only 86 cents. This is not acceptable.

In the past year, the average gross hourly wage of women was in Germany with 17,72 EUR 20 percent of men with 22,61 Euro, as from data of the Federal Statistical office showed. Thus, Germany has one of the highest Gender Pay Gaps in the EU. 2018 amounted to the difference of 21 per cent, and in 2014 it was 22 percent.

dpa
Matthew Velter

With 5 years of experience as an editor, Matthew has been a crucial part of eTrendy Stock since its inception. He looks after the editing of news content published on eTrendy Stock. Apart from investing his time in editing, he also provides well-researched news articles for the U.S. niche. Mathew studied at University of central Florida.

Recent Posts

ZEREBRO Price Collapses 40% in Just 3 Hours: Market Cap Tanks to $45 Million

Zerebro, one of the largest AI projects, has seen its price dropped sharply today, going…

1 day ago

Ethereum Price Prediction: Can ETH Sustain Its Bullish Momentum as Price Surges 15%?

Ethereum is back in the spotlight, not for explosive price action, although it has made…

2 days ago

Ajman Bank Successfully Prices USD 500 million Inaugural 5 Year Sukuk

Ajman, UAE, 25th April 2025, Ajman Bank P.J.S.C. (“Ajman Bank” or “the Bank”), the first Islamic…

2 days ago

The Rise of Autonomous Finance: How 9M is turning AI into a fully operational investment system

The Rise of Autonomous Finance: How 9M is turning AI into a fully operational investment…

2 days ago

Echo Launches Real Unique Tokenomics with Real Yield in USDC

Douglas, Isle of Man, 25th April 2025, ZEX PR WIRE, Echo is about to launch…

2 days ago

World of Dypians Wins $450K in BNB Chain’s Support Program and Announces Monumental New Features

Tortola, BVI, 25th April 2025, ZEX PR WIRE, World of Dypians (WoD), a highly immersive…

2 days ago