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Gender pay gap falls to lowest ever level

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The gender pay gap has fallen to its lowest level yet, the Office for National Statistics (ONS) has reported.

In the year to April 2018, the gap for full-time female workers compared to the average man was 8.6% – down from 9.1% in the previous year.

The extent of the pay gap varies according to age, with older female workers much more likely to be underpaid in comparison.

The ONS said the pay gap for those under the age of 39 was now close to zero. However, from the age of 40 it widens but was narrowing “markedly” for those between the ages of 40 and 49.

In the 22-29 age group, women earn just 1.3% less than men.

However, in the 50-59 year-old group, women earn as much as 15.5% less than men.

The pay gap between men and women working in London has barely changed in over two decades.

Senior earnings statistician for the ONS said: “Average weekly pay for full-time employees is now increasing at its fastest since the financial crisis, in cash terms, with hourly pay rising fastest among lower-paid occupations.”

“However, after taking account of inflation, earnings are still only where they were in 2011 and have not yet returned to pre-downturn levels.”




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