For example, Black women wont see an “Equal Pay Day” until September 21… The bad news is we’re not even close to closing the gender pay gap, and there are even deeper disparities when you factor in race at disability. The good news is this is the earliest this day has come in history. This means the average woman will have just today made up to the equivalent of what men made last year.
We still have so much work to do! Learn more in this AAUW article. If we adjust for these factors, women were typically paid only 73 cents on the dollar compared to men, and the situation is worse for women of color: compared to men, Latinas made about 49 cents on the dollar, Native American women about 50 cents, and Black women about 58 cents. This resulted in the overall median earnings for women still working full-time to increase. Many were already low-paid workers, and they had to move to part-time work. It does not reflect the financial impact for the millions of women who lost their jobs, down-shifted, or had to leave the workforce due to caregiving and other factors.
#Equal pay day full#
But this year’s data accounts only for the women who remained in the workforce full time after the pandemic. On average, US women are making 83 cents on the dollar compared to men, a slight improvement over last year’s 82 cents. On Equal Pay Day, we have to look closely at the data before celebrating progress! March 15th is Equal Pay Day 2022 in the US, symbolizing how far into the new year women must work to be paid what men were paid in the previous year. Sources: Center for American Progress, National Women's Law Center #ialsowantmoney #wealthgap #licreatoraccelerator 💥In fact, make it multiples more of what you think you should ask for.💥 And pay it forward by encouraging others to do the same. 💸 Invest your money, ASAP: the wealth gap and retirement gap are as real as the pay gap.
Ask your friends what they earn - no matter their gender. 💸 Ask where you fall on the pay band, and if you’re a manager/lead, advocate for transparent pay bands within your organization. The gender pay gap is about more than wages: it’s about paternal leave, dismantling system racism, combatting ageism, normalizing career breaks, equal division of home labor, career-pathing, investing, a wealth mindset, education, and more.Īfter two years of studying the gender pay and wealth gap, what are some things I’ve learned? White women earn $.79 for every dollar a white, non-Hispanic man’s earnings.Īsian women earn $1.01 but many subgroups of Asian women experience a larger negative wage gap.ĭisabled women make $.80 cents on the dollar of disabled men. $57 for every dollar of a white, non-Hispanic man’s earnings, and $.78 for every dollar of a non-Hispanic white woman’s earnings.
Until all women are paid equally for equal work, every day is #EqualPayDay for me and the I Also Want Money community.īlack women earn $.64 for every dollar of a white, non-Hispanic man’s earnings, and $.85 for every dollar of a non-Hispanic white woman’s earnings.
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