The gender pay gap - over the life cycle
A new report released by the Australian Council of Trade Unions (ACTU) reveals that Australian women are financially disadvantaged at every key stage of their life: in childhood, at the workplace, through pregnancy, motherhood and as a carer, and in retirement.
The ACTU’s Gender Pay Gap - Over the Life Cycle report shows that whether given less pocket money as a child, lower wages as a graduate, a poorer household income in pregnancy and as a mother or much lower savings in retirement, girls and women still face overwhelming inequality and lack of opportunity.
Women make up 42% of the workforce but currently earn 17.2% less than men. Today’s findings provides a three year update of Australian women’s pay and conditions since the ACTU’s original Gender Pay Gap report was published in 2013.