Gender pay gap 'will not close until 2050' for women in their fifties

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Gender pay gap 'will not close until 2050' for women in their fifties
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The gender pay gap for women will reportedly not close until 2050 for women in their fifties... ‘Labour will take action to finally close the pernicious gender pay gap once and for all.’

The disparity within this age group stands at 11.7%, and has closed by 5.1% in the past 13 years

A statement from Labour says: ‘On current trends, the pay gap would not be eradicated for this cohort for 27 years, meaning nearly all in the “equal pay generation” will never experience their working life without a significant gender pay gap.’ The revelations come on the anniversary of the 1970 Equal Pay Act, which was introduced by the Labour government to prevent less favourable treatment between men and women in employment.

In response, the Conservative Party said it is taking ‘significant action to support women at work’, including its recent announcementThe revelations come on the anniversary of the 1970 Equal Pay Act, which was introduced by the Labour government

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