Women's earnings were 83.6 percent of men's in 2023. Equal Pay Day, which symbolizes how far into the year women must work to earn what men earned in the previous year, is on Tuesday, March 12, 2024. Women who were full-time wage and salary workers had median weekly earnings of $1,005 in 2023.
Yet, despite this progress, the fight for equal pay continues. Women working full-time and year-round are paid an average of 84 cents for every dollar paid to men. In more than 90 percent of occupations, women earn less than men—and these disparities are even greater for women of color and women with disabilities.
According to the 2023 Global Gender Gap report, the United States ranked only 43rd out of 146 countries examined for gender equality by the World Economic Forum, trailing behind neighboring countries Canada and Mexico, who came in 30th and 33rd respectively.
Women were paid less than men in every single state, but some states were worse than others. In 2022, the worst state for women was Utah, where women who worked full-time year-round on average were paid just 70.3 cents per dollar paid to men (a gender wage gap of 29.7 percent).
Women of color are hit the hardest by the gender pay gap. On average, Black women working full time, year-round earned 69 percent as much as white, non-Hispanic men in 2022. Hispanic women earned only 58 percent as much, according to Bankrate's analysis of Census Bureau data.
There are many reasons why the pink tax exists, including tariffs, product discrimination, and product differentiation. There are many suggested causes of this discrepancy, including price elasticity and the belief that women are more prepared than men to pay higher prices for their purchases.
The report ranked the United States 43rd among 146 countries examined, compared to 27th last year on its global gender parity index. The rankings were determined based on gaps in four main areas: work, education, health and political leadership.
Countries where gender equality is the highest are located in varying regions around the globe. Nordic countries—Iceland, Finland, Norway, and Sweden—top the list, thanks to their gender equitable labor policies, healthcare access, and representation in government and leadership positions.
"Far from receding, sexism is becoming entrenched, or even increasing" in 2023, warns the independent consultative organization, whose mission is to guide public policy on equality. It draws on the results of a Viavoice barometer survey of 3,500 people in November 2023. Some of the results are reminiscent of the 1960s.
Hiring managers are less likely to hire mothers than women who don't have kids, and when they do hire a mother, they offer her a lower salary. Men do not suffer a penalty when they become dads. Motherhood Penalty [ muhth -er-hoo d pen-al-ty ] noun. The phenomenon by which women's pay decreases once they become mothers.
About Black Women's Equal Pay Day
Black Women's Equal Pay Day is the approximate day a Black woman must work into the new year to make what white non-Hispanic man made at the end of the previous year.
Key Takeaways. The glass ceiling is a colloquial term for the social barrier preventing women from being promoted to top jobs in management. The term has been broadened to include discrimination against minorities. Marilyn Loden coined the phrase "glass ceiling" at a 1978 Women's Exposition.
An ethnicity pay gap is a measure of the difference between ethnic groups' average earnings across an organisation or the labour market as a whole, over a period of time, regardless of role or seniority. It is not a like-for-like comparison of employees of different ethnicities.
As of 2022, Belgium is the country with the most equal pay between the genders of OECD countries. The gender pay gap was at 1.1 percent. South Korea, on the other hand, is the country with the highest gender pay gap of the OECD countries, with a 31.2 percent difference between the genders.
Global Gender Gap Report 2024: It will take 134 years to reach gender parity. 2 min. The biggest election year in history, 2024 will see 2 billion people go to the polls. They will not only determine countries' ruling parties, but they will shape the gender split of governments and legislatives.
The State of Equality in Iceland
Important legislation has been passed to ensure a more equal society, such as legislation to increase the number of women in leadership positions, and to combat gender-based and sexual violence and harassment.
Finland, along with neighbours Sweden and Norway, has one of the strongest global reputations for gender equality. The Scandinavian country's government uses a systematic and target-oriented approach to tackle sexism, and has its own Gender Inequality Policy.
Gender ratios by U.S. state
In the United States, the resident population was estimated to be around 331.89 million in 2021. The gender distribution of the nation has remained steady for several years, with women accounting for approximately 51.1 percent of the population since 2013.
Our new and comprehensive measure of women's rights and opportunities in the United States reveals vast differences across the 50 states and the District of Columbia, with Massachusetts at the top, scoring almost four times better than Louisiana at the bottom.
Actually, no! Each state chooses which items it will make tax exempt. Many of the same states that tax our period products have allowed tax exemptions on items like private jet parts, condoms, Viagra and chocolate bars.
“Women have tended to pay more for mortgages, more for car insurance, in fact women aged between 19 and 34 pay on average more than double what men pay on annual health spending, and these extra costs can be found in unexpected places,” Daniella Gibbs Léger, EVP of Communications and Strategy at the Center for American ...
“The prices charged for products targeted to men and women differ, but it seems to be driven by the fact that the products themselves are different.” In other words, while it's true that women's deodorants often cost more than ones targeted to men, the women's version likely has different ingredients.