Black women make nearly $1 million less than white men during their careers investinyou (In partnership with acorns.)
"It doesn't go away, you know, it gets a little bigger, it gets a little smaller, but the wage gap is there," she added. "There's a wage gap in 94% of occupations."
Research shows Black women face a persistent pay gap, including in jobs that have been essential during the pandemic. Black women who work in areas that are critical to the Covid-19 recovery such as doctors, nurses, teachers, child care workers, wait staff, and cashiers, for example, make 11% to 27% less than white men, according data from the Economic Policy Institute.
In higher-paid professions, including among doctors on the frontlines fighting Covid, the inequality is magnified. White male physicians and surgeons make $63.41 an hour on average. Black women in these positions make less than $46.59 an hour, EPI found. That pay gap can potentially result in millions of dollars of lost wages in a Black female physician's lifetime, Tucker said., are among the factors that can exacerbate the overall gender and racial wealth gap. Yet some companies are making strides to provide benefits that could help narrow the divide — by providing student loan repayment assistance and subsidized child care.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hollywood’s Sunset Studios Heading to U.K. With $1 Billion Facility InvestmentSunset Studios, the Hollywood studio facility that set the stage (literally) for hits such as “La La Land” and “When Harry Met Sally,” is headed to Hertfordshire in the U.K.…
Read more »
Trump is due $1 million tax refund for Chicago skyscraper, agency rulesAn Illinois tax agency has ruled that former President Donald Trump is due a $1 million refund on the 2011 tax bill for his downtown Chicago skyscraper, but...
Read more »
Senate unveils $1 trillion bipartisan infrastructure bill, vote expected within daysThe bill calls for $550 billion in new spending over five years above projected federal levels, what could be one of the more substantial expenditures on the nation’s roads, bridges, waterworks, broadband and the electric grid in years.
Read more »
An electric jet start-up just signed a $1 billion deal with a commercial airlinerLilium, a German start-up making electric jets that can take off and land vertically, has announced plans to sell 220 aircraft to Brazilian airliner Azul.
Read more »
Reese Witherspoon’s Company Sells for Almost $1 BillionThe company is best known for co-producing Witherspoon’s hit television efforts 'Big Little Lies,' 'Little Fires Everywhere,' and 'The Morning Show.'
Read more »
It takes Black women 19 months to equal a white man's annual earningsBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »