Due to gender inequality, over the years, there has been wider gender income gaps. Women make up 63 percent of workers earning the federal minimum wage, a wage rate stuck at $7.25 since 2009. Women represent only 5 percent of CEOs at Fortune 500 firms and men make up an overwhelming majority of top earners across the U.S. economy, despite women having to represent almost half of the country’s workforce. In every US industry, men are making more money than women. This also leads to a gender wealth gap whereby Us men have three times more than women in retirement savings. In addition, there is also a gender poverty gap where it is shown that women have faced significantly higher poverty rates than men. In each of these aspects, it can be seen that women are often being the ones who are earning lesser and getting lesser pay as compared to men.
https://inequality.org/gender-inequality/