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The gender pay gap in the United States is a measure comparing the earnings of men and women in the workforce. The average female annual earnings is around 80% of the average male's. The average female annual earnings is around 80% of the average male's.
A study of the US labor force in the 1990s suggested that gender differences in occupation, industry and union status explain an estimated 53% of the wage gap. [43] A 2017 study in the American Economic Journal: Macroeconomics found that the growing importance of the services sector has played a role in reducing the gender gap in pay and hours ...
Equal Pay Day flag flying on March 21, 2014 in Alsbach, Germany . Equal Pay Day is the symbolic day dedicated to raising awareness of the gender pay gap.In the United States, this date symbolizes how far into the year the average median woman must work (in addition to their earnings last year) in order to have earned what the average median man had earned the entire previous year.
The gender pay gap refers to the median annual pay of all woman who work full-time and year-round, thus compared to the pay of a similar background of men. [77] There is not one reason behind this gender pay gap, rather the pay gap is a result of many factors that cannot be apparent to the general public.
The Equal Pay Act of 1963 is a United States labor law amending the Fair Labor Standards Act, aimed at abolishing wage disparity based on sex (see gender pay gap). It was signed into law on June 10, 1963, by John F. Kennedy as part of his New Frontier Program. [3] In passing the bill, Congress stated that sex discrimination: [4]
The United States Senate failed to move the bill forward in November 2010. [10] The 2010 bill had no Republican Party co-sponsors, though a group of four Republican senators had supported an earlier bill to address gender-based wage discrimination, including Susan Collins, Kay Bailey Hutchison, Lisa Murkowski, and Olympia Snowe. [15]
The gap between men and women in health and survival, for instance, has closed by 96% on average, and the educational attainment gap has closed by 94.9%. However, the gender gap in economic ...
BLS explained the gap between productivity and compensation can be divided into two components, the effect of which varies by industry: 1) Recalculating the gap using an industry-specific inflation adjustment ("industry deflator") rather than consumption (CPI); and 2) The change in labor's share of income, defined as how much of a business ...