Women Continue To Face A Big Pay Gap – and on into the future

In 2017, female full-time, year-round workers made only 80.5 cents for every dollar earned by men,

Women are almost half of the workforce. They are the sole or co-breadwinner in half of American families with children. They receive more college and graduate degrees than men. Yet, on average, women continue to earn considerably less than men. In 2017, female full-time, year-round workers made only 80.5 cents for every dollar earned by men, a gender wage gap of 20 percent.

https://iwpr.org/issue/employment-education-economic-change/pay-equity-discrimination/ accessed 12/16/2018

From the Bureau of Labor Statistics1

Men

  • 16 to 19 years: $440 weekly/$22,880 annually
  • 20 to 24 years: $549 weekly/$28,548 annually
  • 25 to 34 years: $828 weekly/$43,056 annually
  • 35 to 44 years: $1,065 weekly/$55,380 annually
  • 45 to 54 years: $1,094 weekly/$56,888 annually
  • 55 to 64 years: $1,058 weekly/$55,016 annually
  • 65 years and older: $1,005 weekly/$52,260 annually

Women

  • 16 to 19 years: $404 weekly/$21,008 annually
  • 20 to 24 years: $508 weekly/$26,416 annually
  • 25 to 34 years: $727 weekly/$37,804 annually
  • 35 to 44 years: $877 weekly/$45,604 annually
  • 45 to 54 years: $851 weekly/$44,252 annually
  • 55 to 64 years: $869 weekly/$45,188 annually
  • 65 years and older: $800 weekly/$41,600 annually

Hispanic women will have to wait until 2224 and Black women will wait until 2119 for equal pay.

from Institute for Women’s Policy Research2

Women’s Median Earnings as a Percent of Men’s, 1984-2017 (Full-time, Year-Round Workers) with Projections for Pay Equity, by Race/Ethnicity
Women’s Median Earnings as a Percent of Men’s, 1984-2017 (Full-time, Year-Round Workers) with Projections for Pay Equity, by Race/Ethnicity

 

Footnotes

  1. https://www.bls.gov/news.release/wkyeng.t03.htm accessed 12/16/2018
  2. https://iwpr.org/publications/womens-median-earnings-1984-2017/ accessed 12/16/2018