Of the $21-billion in additional income created by the movement to higher paid sectors over the COVID-19 pandemic, $9-billion or 43% was funnelled to women, the report found
Women have powered a recent shift toward higher-paying and –skilled jobs, but a pay gap will persist until they cease being outnumbered by men in senior management positions, says a new report.
“But men still made up the majority of the income gains and much of that is likely because the roles that women and men occupy are still different,” said Carrie Freestone, an economist with RBC Economics. “So it appears that there’s a link between having a kid and the fact that you may be less likely to take on a senior management role,” she said.
“High-contact sectors” like hospitality, for example, experienced an exodus of roughly 178,000 employees, when they were forced to close to quell COVID-19, said Freestone. “The majority of people who moved from these sectors into higher paying sectors did have a degree or a college diploma, so a lot of that was potentially women who were overqualified for positions moving into sectors that better fit their level of educational attainment,” said Freestone.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Women powered pandemic shift toward higher paying jobs, but pay gap persists: RBCWomen have powered a recent shift toward higher-paying and -skilled jobs, but a pay gap will persist until they cease being outnumbered by men in senior management positions, says a new report.
Read more »
Canadian Tire commits half its sponsorship dollars to women’s professional sports - Terrace StandardWomen’s Sport Initiative will support the expansion of women’s professional sports leagues, programs
Read more »
Hong Kong police stop activists from joining women’s marchLeague of Social Democrats say police questioned four of its members and warned them not to participate in march was planned by the Hong Kong Women Workers’ Association
Read more »
Women are taking more control of their family's finances and that's a good thingIt\u0027s a myth that women are more conservative when it comes to investments. Find out more.
Read more »
COMMENTARY: International Women's Day: Every woman counts | SaltWireP.E.I. Advisory Council on the Status of Women chairperson Serena Smith reminds us to be aware of most unseen, excluded and at-risk community members
Read more »
Lucy Glen-Carter leads Dalhousie to 10th straight AUS women's volleyball title | SaltWireLucy Glen-Carter dropped to her knees when her back-row attack found the floor to give the Dalhousie Tigers their 10th consecutive AUS women’s volleyball ...
Read more »