Large Gender Pay Gap For Women: U.S. Labor Market

[appalachiablue]

"The U.S. Labor Market Is Still A Man's World," by Niall McCarthy, Nov 30, 2018, Statista.

Even though progress has been made in closing the gender pay gap in recent years, the U.S. still has a massive disparity in earnings between men and women.
The Washington-based Institute for Women's Policy Research examined the problem and found that the pay gap is far greater than normally assumed with women's income 51 percent less than mens in the period from 2001 to 2015.

*Their research found that today women earn just 48 cents to the typical men's dollar, far less than the 80 cents usually reported. Between 1968 and 1982, men took home $51,575 on average while women earned a mere $14,379.
From 2001 to 2015, men still made over $50,000 on average while women saw their average pay packet go up to just under $30,000. For women, that figure includes time off for family and child care.

The report found that women are more likely to take time off work than men but those that do have to pay a high price. Women who took one year off work had earnings 39 percent lower than those who worked all 15 years between 2001 and 2015.

*The U.S. remains the only country, along with Papua New Guinea, that does not guarantee women paid maternity leave.
The research calls for an improvement in affordable child care and access to paid leave for women in the U.S. to strengthen their participation in the labor force and close the wage gap.




Source, https://www.statista.com/chart/16269/annual-average-earnings-of-women-and-men-in-three-time-periods/

[BigmanPigman]

1. Add what women pay for the "pink tax" and the real amount of

disposable income is a lot less than a man's.

"Women pay more than men for certain personal-care products, according to a recent Government Accountability Office report, and could even pay more for big-ticket items like home mortgages and auto purchases. Activists and lawmakers have long railed against a so-called “pink tax,” which they argue forces women to pay more than men do for almost identical products."
"These differences are borne out in previous research, with one 1994 report from the state of California estimating that women pay a “gender tax” of $1,351 per year. A 2015 analysis from New York City’s Department of Consumer Affairs across multiple industries, meanwhile, found that women’s products cost an average of 7% more than similar men’s products."
“In all but five of the 35 product categories analyzed, products for female consumers were priced higher than those for male consumers,” that report found. “Across the sample, DCA found that women’s products cost more 42% of the time while men’s products cost more 18% of the time.”

https://www.marketwatch.com/story/all-the-things-that-women-pay-more-for-than-men-2018-08-27-138855

https://www.usatoday.com/story/money/2018/03/29/pink-tax-women-pay-more/417648002/

[appalachiablue]

2. Thanks for adding in these costs, so wrong and rotten to women.