On Equal Pay Day, Women Are Trying To Make A Dollar Out Of 83 Cents

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On Equal Pay Day, Women Are Trying To Make A Dollar Out Of 83 Cents
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Turns out that on average, women 'only' had to work 74 extra days into 2022 to catch up to what men earned in 2021.

when seeking out new opportunities — highlighting the important role employers have to play in accelerating the closing of the gender pay gap," Mason added.

The news is even more grim when comparing all women who worked in 2020 with all men who worked, regardless of the number of hours and weeks they clocked. In that instance, women were typically paid just 77 cents on the dollar. But data shows that those who get the worst end of the wage-gap stick are women of color, who are disproportionately represented in minimum-wage and low-wage jobs. The Institute reports that while the wage gap narrowed for all women compared to all men, the wage gap widened for Asian, Black, and Hispanic women."unequal pay pervades 94% of occupations, and shortchanges women hundreds of thousands of dollars over the course of a 40-year career.

The Biden administration has said it is set on ending the gender pay gap for federal workers and contractors. On Tuesday, Biden issued an executive order that would prevent federal agencies from asking about an applicant's salary history in the hiring process. "Pay transparency creates accountability and accountability, well, that drives progress," Harris said about the order, adding that it will help"build a more fair, more efficient, and more equitable economy."

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