Overall, female receive a smaller share of the private income out-of a career money than simply would dudes (66.9% in place of 76.2% in the 2015), and you will a similar show from low-income industry present (fifteen.6% and you will 14.4%, respectively). At the same time, women discover a greater express of their individual income regarding authorities transfers than simply manage guys. All in all, government transfers account for a small proportion out-of each other ladies and you will men’s private money: 17.6% and you may nine.4%, correspondingly, from inside the 2015 (Chart 2a). However, for those to make less than $29,000, bodies transfers become more crucial (Chart 2c). Bodies transfers constituted 37.7% of the individual money of women which produced less than $29,000 when you look at the 2015, and you may 30.4% of the personal money of the male competitors.
The level and you will structure away from personal money may vary along side existence movement, therefore does very similarly for women and you will dudes
New relative contribution regarding certain source of income to help you personal money may differ as we grow old and you may lifetime-course phase, and it also really does therefore in a way that is largely consistent for ladies and dudes (Charts 3a and you can 3b). Into the 2014 and you may 2015, Note 14 the personal money of women and you will guys is high within their mid-twenties abreast of its mid-50s, peaking within their forties. In these core-working age, really personal income originated earnings. Because the ladies and you may men’s earnings drop using their middle-50s to their late sixties, coinciding with retirement regarding paid really works, your retirement and you may funding money and you may government transfers (i.age. , Old age Cover, this new Guaranteed Money Supplement, and also the Canada Type of pension/Quebec Pension plan) constituted an expanding percentage of decreasing private income. (more…)