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It is the year 2012 and almost four years after the Lilly Ledbetter Fair Pay Act was signed into law. Surely, the gender wage gap has been narrowed, right? Wrong.
Even with advances toward equalising pay between men and women, men still make almost 20 percent more than women in nearly all industries. This is despite the fact that women receive the same education, pay the same amount of tuition and incur the same levels of debt upon graduation. In fact, the only major differences are that there are more females in college who, incidentally, tend to have better GPAs on average.
Check out the infographic below to learn more about gender pay gaps.
When Abe dissolved the lower house on 21 November 2014 and called a snap election for December, top leaders in the Liberal Democratic Party (LDP) and New Komeito identified keeping 270 seats as the low-water mark, which would represent a loss of 56 seats. Given current economic conditions and the state of public opinion, a unified and confident opposition would probably extract such losses and would challenge the LDP–New Komeito coalition’s majority. But the opposition is still struggling to unify, so Abe and the coalition look reasonably safe. Read more
Mohamed A. El-Erian,
Mario Blejer & Eduardo Levy Yeyati,
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