A Woman’s Lifetime Earnings Lost To Pay Gap Could Feed A Family Of Four For 37 Years
A Womans Lifetime Earnings Lost To Pay Gap Could Feed A Family Of Four For 37 Years
By Pat Garofalo on Apr 17, 2012 at 10:45 am
As of today which is Equal Pay Day 2012 women make 77 cents for every dollar that men earn. Over the course of a womans career, that disparity adds up to more than $430,000 in lost wages for an individual woman. As Center for American Progress economic analyst Matt Separa noted, the pay gap means that women fall behind economically in a number of ways:
Because of this gap women working full time are able to afford less education, housing, transportation, food, and health care for themselves and their families than their male counterparts. As a result women and female-headed households are more likely to be in poverty and less likely to have health insurance. The pay gap translates into a significant economic disadvantage for women and their families, especially when nearly two-thirds (63.9 percent) of women are now either the primary breadwinner or a co-breadwinner, bringing home at least 25 percent of their familys income.
With the money lost over her lifetime, a woman could feed a family of four for 37 years, pay for seven four-year degrees at a public university, or simply save the money for retirement, boosting her quality of life when she leaves the workforce:
http://thinkprogress.org/economy/2012/04/17/465554/pay-gap-feed-family-37/
xchrom
(108,903 posts)leftyohiolib
(5,917 posts)why isnt it working? what did potus sign? is there any proof for this statement "As of today which is Equal Pay Day 2012 women make 77 cents for every dollar that men earn." how is this derived. if someone doing this survey found out that person x made .77$ more than person y doing job z then why not bring a lawsuit and correct it.
working in a union shop we all get paid the same
pansypoo53219
(20,987 posts)their choice. girl discounts or fair wages.