Men still earn more than women
22:51
The gender wage gap averages 13 percent across all OECD countries. According to OECD data, the gender wage gap has narrowed slightly over the past 20 years. The organization's data shows that a woman working full-time earns an average of about 87 cents for every dollar or euro earned by a man.
The gap becomes even greater if one looks at the median income of men and women at the end of the year. This is because women spend fewer hours in paid work than men.
In all countries of the OECD, or Organization for Economic Cooperation and Development, a group of 38 countries, women are overrepresented in part-time jobs. In contrast, they are lacking in positions requiring long hours. This raises serious consequences: it limits women's economic position and contributes to a relatively high risk of poverty at retirement age.
