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

XRP Surges 31.9% in 24 hours After Gensler Announces Exit

The price of the XRP Ledger blockchain’s native token (XRP) has been rising over the…

4 hours ago

Momcozy Honored with Multiple International Awards

Momcozy, a global leader in maternal and infant care, has continued to impress with its…

7 hours ago

Local SEO Tampa Enhances Digital Marketing Services for Tampa Bay Small Businesses

Local SEO Tampa (https://localseotampa.com/), a trusted digital marketing firm in Florida since 2007, proudly expands…

7 hours ago

VAIOT Launches Legal Torch to Democratize Access to Affordable Legal Support

Birkirkara, Malta, 22nd November 2024, ZEX PR WIRE, VAIOT, a company providing AI-driven Legal Tech…

11 hours ago

Classic Watches: A Timeless Source in the Data-Driven Era and Why Dedondi is Leading the Way

Dubai, UAE, 22nd November 2024, ZEX PR WIRE, In today’s data-driven world, information has become…

12 hours ago

DexWin, World’s First Licensed Decentralized Crypto Bookmaker, Introduces Gasless Betting on Polygon

Nicosia, Cyprus, 22nd November 2024, ZEX PR WIRE, The DexWin platform (the first licensed decentralized…

14 hours ago