CNN Sans ™ & © 2016 Cable News Network.It's been nearly 60 years since the passage of the Equal Pay Act, and there are still vast disparities between how much women make compared to men. Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account “If we’re really serious about making sure that women, particularly women of color are earning the money that they deserve, then we need to make sure that we’re making our voices heard this (election) year.” “If women could be making what they should be making, what their male counterparts are making, the economy would be doing much better,” Williams said. While the gender wage gap is definitely closing in, Shannon Williams of the Equal Pay Today campaign believes there’s still a lot to be done, especially on the legislative front, such as passing the Paycheck Fairness Act.īecause “when women do well, everybody does well,” Williams said. “Some of the #MeToo movement definitely would have to do with equal pay and making sure that women get their due in the workplace,” Elise Gould, senior economist at Economic Policy Institute told CNN. In addition, women have been advocating more for their rights and bringing more awareness to the issue. The closing of the gender wage gap could be due to a number of factors, such as women obtaining higher levels of education and going into fields that were normally dominated by men. Women made 82% of what men made in 2018, compared with 60.5% in 1969, according to the American Association of University Women. The good news is that the overall gender wage gap is closing. Native American women: October 1, $0.57.Asian American and Pacific Islander women: February 11, $0.92.Here’s a list of what women by other racial groups make compared to white men, and their Equal Pay Day for 2020: Native American women have to work into the fall to hit the same salary as men do, and Latina women are on the job until early November.
Bangladeshi women are making 60 cents on the dollar and Nepalese women are making 50 cents on the dollar,” Program Director of Equal Pay Today Shannon Williams told CNN.ĪAPI women are actually on the higher end of the wage gap compared to other women of color. “Vietnamese and Thai are making 67 cents on the dollar. This may not seem like a big difference, but over a 40-year career, this can add up to thousands of dollars according to Equal Pay Today, a campaign led by Equal Rights Advocates.Īnd when you break it down into specific communities, the wage gap grows even greater. On average, women earned 92 cents for every dollar their white male counterparts made in 2019, the institute found. In other words, the average AAPI woman had to work “almost an extra month and a half to make up for the annual earnings relative to the average non-Hispanic white man,” according to the Economic Policy Institute. Rather, it’s a day that represents immense financial inequality.Īsian American and Pacific Islander women have to work this far into the year to earn the same amount that white men earned in 2019 alone. February 11 is AAPI Women’s Equal Pay Day, but it’s not one to celebrate.
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