More on the gender pay gap

We can barely go a week without reading about the gender pay gap and how women are paid less. Every time we see the words “women” and “pay” together we hope for an upbeat and positive story, but they seem few and far between. So for now, here’s another one telling us that most of the gender earnings divide is due to ‘unobservable factors’ including discrimination. But I guess we should look on the bright side – this apparently means that the pay gap has nothing to do with skill or productivity levels, plus the pay gap has decreased over recent years. It is also smaller in London compared to elsewhere in the UK – although whether this is a positive obviously depends on where you live! Nothing’s ever perfect, but as long as we’re moving in the right direction, which it seems that we are, it’s a good sign.