Wage Gap Closes, but Bad News Is Why
Here’s a classic example of good news/bad news. First, the good news: The wage gap between what men earn and what women earn narrowed last year to its closest point ever, according to the Institute for Women’s Policy Research (IWPR). The bad news? Women still earn an average of 17.8 percent less than men. More bad news: The gap only closed because wages for men have fallen further than for women.