Business Equal Finance Installment Monthly

Business Equal Finance Installment Monthly

Business Equal Finance Installment Monthly

Women still receive less money for the same work as men and they still face a glass ceiling for promotion.

Income Inequality Still an Issue

The Canadian Labour Congress (CLC) says that some people think economic equality for women is no longer an issue: they believe higher education has created plenty of new business opportunities. But, in its May 2008 report on Women in the Workforce: Still a Long Way from Equality, the CLC says the fact remains that “after many years of progress through the 1970s and 1980s, the gender wage gap in Canada has remained stuck since the mid-1990s at one of the highest levels in the advanced industrial world.”

The report says women working full time in 2005 received about 70 percent as much as comparable men, $39,200 versus $55,700 respectively.