It is a well known fact that in the US women– regardless of economic status— are paid less than men. Gender pay gap is real.
Overall, women make 78 cents for every $1 earned by a man, with African American and Hispanic women earning far less. Over one woman’s lifetime, that is a significant amount of money. Across the country, that pay gap costs American women $500 billion per year, according to a new report from the National Partnership for Women and Families. On an individual basis the report findings break down like this:
To put it in individual terms, if women earned as much as men, each woman with a full-time job would be able to afford an additional seven months of mortgage and utilities, or 1.6 years worth of food, annually.
Tuesday, April 12, is Equal Pay Day, which was created to draw attention to gender pay gap, which has remained basically the same since 2001. Women will not have equality until we have control over our own bodies, equal pay for equal work, an equal voice in government and the Equal Rights Amendment.
For background on gender pay gap, continue reading…