Wednesday, March 9th, 2016
Stephan: This is absolutely outrageous; in the second decade of the 21st century in the United States a woman still isn't being paid the same as a man for the same work. In fact, the trend is reversing and matters are getting worse.
Here is the abstract for the report:
The Gender Wage Gap: 2015; Earnings Differences by Race and Ethnicity
by Ariane Hegewisch and Asha DuMonthier (March 2016)
The gender wage gap for weekly full-time workers in the United States widened between 2014 and 2015. The median weekly earnings for full-time work increased for both women and men during 2015, but the increase was more substantial for men than women. In 2015, the ratio of women’s to men’s median weekly full-time earnings was 81.1 percent, a decrease of 1.4 percentage points since 2014, when the ratio was 82.5 percent. Women’s median weekly earnings for full-time work were $726 in 2015 compared with $895 for men. Controlling for inflation, women’s earnings increased by 0.9 percent, while men’s earnings increased by 2.6 percent since 2014.
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download the report on which this story is based.
The quest toward equal pay for women and men seems to have taken a step back last year.
A study issued Monday in advance of International Women’s Day shows that the gap between median weekly pay for men and women grew in 2015. According to an analysis of Bureau of Labor Statistics data by the Washington, D.C.-based Institute for Women’s Policy Research, pay for men grew more than it did for women last year. That gap grew by about 1.7 percent.
In 2015, the median weekly earnings for a woman was $726; for a man, it was $895. A woman working full-time earned about 81.1 percent of what a man earned. (emphasis added)
“While we have many advancements to celebrate since the first International Women’s Day more than 100 years ago, the widening of the wage gap, even as women have higher levels of education than men, is a setback for women, their families and the United States economy,” said Heidi Hartmann, president of the think tank in a release.
While the gap has closed in the past decade, it’s doing so at a much slower rate than in the prior 10 years. According to the group, the gap closed by 0.3 percentage points […]
