It’s 2024 and women are still fighting for equal pay

Even though girls may rule the world, in 2024 women are still fighting for equal pay. March 12 is Equal Pay Day, which marks one other yr of women’s fight for equal pay within the workplace. Although the fight for equal pay for women within the workplace takes place twelve months a yr – or on this case three hundred and sixty six days a yr – the National Committee for Equal Pay (NCPE) established “Equal Pay Day” in 1996 to boost public awareness of the difference. within the earnings of men and women.

“This date symbolizes how far into the year women have to work to earn as much as men earned the previous year,” she added. United States Census Bureau – wrote within the statement. “Because women earn less on average than men, they have to work longer hours for the same amount of money. For most women of color, the wage gap is even wider.”

The weekday, which falls on a Tuesday yearly, “was chosen to represent how far into the next workweek women must work to earn as much as men earned the previous week.” In light of this annual celebration, organizations are examining the most recent information on the gender pay gap. This yr, National Partnership for Women and Families found that women earn just 78 cents for every dollar earned by a non-Hispanic white man. This difference ultimately amounts to over $11,000, costing women greater than that quantity $1.6 trillion a yr.

“Women are the backbone of their families and our economy, but the persistent gender pay gap makes it much more difficult for them to stay in the workforce,” said Jocelyn Frye, president of the National Partnership for Women and Families. “Businesses, lawmakers and the administration must do more to close the pay gaps, especially the largest ones experienced by women of color, in part due to a combination of racial, ethnic and gender biases.”

Featured Stories

However, as Frye noted, achieving equal pay as a lady of color, especially a black woman, is an uphill battle. So much in order that every July, professionals have fun Black Women’s Equal Pay Day, which is scheduled to happen This yr July 9. Even though black women have one among the very best “economic activity rates”, National Partnership for Women and Families” latest research revealed that black women generally earn 66 cents for every dollar paid to non-Hispanic white men, a difference of $20,380 per yr.

In addition to the shocking numerical differences, the pay gap impacts women’s on a regular basis responsibilities comparable to food, utilities and the ever-rising costs of childcare and health care, and makes it harder for them to take a position of their financial future.

“The money that Black women lose each year because of the wage gap could cover a family’s grocery shopping for nine months, child care for eight months, and rent for six months,” Emily Martin, vp of education and workplace justice at National Women’s Law Center, he said, in keeping with theGrio. “Over a 40-year career, a Black woman entering the workforce today could lose close to a million dollars, well over $900,000, if we don’t close this gap.”

Considering women especially black women, are more prone to be the fundamental breadwinner of their household, the fight for equal pay is a long-term issue that has the potential to affect future generations.

“Achieving true equality for women workers requires critical investments in paid leave, child care and other supports that improve the lives of working families,” Frye added.