The salaries of women have been growing faster than those of men since the financial crisis. The salary of a woman was around 28% below that of a man during the 2007 real estate boom, but the gap had narrowed to 17% by 2019. The gender pay gap is an important indicator of the functioning of the economy, according to an economist of the Bank of Estonia. A considerable wage gap could point to market failures keeping society from moving to higher levels of prosperity. Controversy in the wage structure sends the wrong signal to labour market entrants, causing long-term problems for society. The gender wage gap has been closing mainly because jobs usually done by women are increasingly valued.
Read on: in English.
For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.