A report by the Institute for Women’s Policy Research (IWPR) shows that equal pay for equal work improves the overall Gross Domestic Product (GDP) of our national economy.
Equal Pay Day is April 10, representing how far into the calendar year women have to work to earn what men did the year before. “We’re partnering with Lean In to help create awareness and close the gender pay gap”. According to the latest U.S. Census Bureau data, in 2016 for every dollar paid to men, women made on average 80.5 cents.
“It’s very important for women to have equal pay across the state of MS”, said Mayor Beechem.
Sisters selling the Equal Pay Day narrative argue that women make 83 cents for every dollar a man makes in the US economy, thus implying that American employers are guilty of widespread discrimination. Compared with their white male counterparts, black women in North Carolina lose over $18,000 to the wage gap, and Latina women face a deficit of over $25,000 every year.
Likewise, older women fall behind when they leave jobs to care for aging parents, she said.
Tennessee State Representative John Ray Clemmons has introduced equal-pay legislation every year since he was elected in 2014. Bottom line: a woman shouldn’t have to work for 15 months to make what a man makes in 12.
The study emphasizes the disadvantage the wage gap holds against working women in Colorado who consistently have less money to put toward rent, childcare, and education because of the wage gap.
According to Financial Planning, “The 59-cent gap for advisors is the widest of all occupations the Department of Labor tracks on that statistic – a distinction that has been true for two years in a row”. Various leading women’s groups, including the AAUW, National Women’s Law Center, the National Partnership for Women & Families, and Equal Pay Today have called for congressional and administrative action concerning pay equity.
To soften the blow of the motherhood penalty, women would need to gain back the time lost to taking care of their families.
University of MA sociology professor Michelle Budig found women’s earnings slip 4 percent for each child they have.
“It’s only decreased a nickel in the past 20 years”, association CEO Kim Churches said of the pay gap.
The median average is a more accurate representation of how women and men are paid equally. And a Native Women’s Equal Pay Day on September 27.
Governor Cuomo, meanwhile, announced on Tuesday a proposal to prevent any public or private entities doing business with New York State from utilizing wage-history discrimination.