Gender Pay Gap in the United States and European Union

1947 Words Feb 26th, 2018 8 Pages
Both the United States and European Union are leaders in global affairs, and set a standard for many countries to follow. Both the United States and European Union have strived to fight the gender pay gap. However, both the United States and European Union have yet to completely close their gender pay gap. The benefits gained by closing the gender pay gap boil down to the fact that such equality would create a more equal society. As well as equality between men and women, closing the gap would help reduce the risk of women going into poverty and an overall increase in women lifetime earnings. Creating an environment of equality between men and women would speak volumes in terms of economic growth, and overall well-being of both men women alike. Both the United States and European Union has made substantial efforts in closing the gender pay gap. Yet between the two, one has done a better job towards meeting such a desired and long-term goal and has gained some of the possible benefits acquired from closing the gender pay gap.
One cannot begin the discussion of gender pay gap, also known as gender wage inequality, without defining it. Simply put, gender pay gap is the inequality between men and women wages. Gender pay gap is a constant international problem, in which women are paid, on average, less than that of their male counterpart. As to if gender pay gap still…