Women in the United States are still making Much less than men.
On average, women working full-time earn a fair salary 84 cents per dollar man earns, According to the Ministry of Labour (countries). These numbers are worse for black and Latina women. In 2023, Black and Latina women will be deprived of a whopping $96 billion in wages compared to white men because of these disparities. According to the Ministry of Labor, a woman needs to have at least one additional degree to be equivalent to a man who does not have the same degree.
over a lifetime, These losses Their value amounts to hundreds of thousands of dollars, threatening women’s financial stability and retirement prospects.
Goat AcademyThe financial education community used DOL data to analyze men’s and women’s earnings to see which industries had the largest wage gaps. It found that many significant disparities exist in finance jobs.
“These inequalities are due in part to disparities in hiring, negotiation and promotion practices, as well as the continuing influence of traditional gender roles,” said Felix Prehn, a spokesman for the Goat Academy. “While some progress has been made, these gaps reveal a persistent problem that limits women’s earning potential in the workforce.”
Learn about the 10 industries with the largest gender pay gaps.