Did you know that women make up roughly 1/2 of the workforce? According to non-profit Institute for Women’s Policy Research (IWPR), full-time female workers only earned 80 cents for every dollar earned by men, which is a 20% gender wage gap.
If change continues at the current rate, IWPR predicts that it will take until 2059 for women to reach pay parity — and for women of color, the rate of change is even slower.
Tuesday, April 4th is known as Equal Pay Day, it’s a symbolic day for advocates in the U.S. to show support for women in the workforce and draw attention to the gender pay gap.
Women overall earned about 82% of the full-time weekly pay check of a man, according to IWPR. But black women’s earnings were just 68% compared to white men and Hispanic women’s were 62%.