What was the wage gap in 2015?

What was the wage gap in 2015?

The Gender Wage Gap: 2015; Annual Earnings Differences by Gender, Race, and Ethnicity. The ratio of women’s and men’s median annual earnings was 79.6 percent for full-time/year-round workers in 2015. This means the gender wage gap for full-time/year-round workers is 20.4 percent.

What is the unexplained wage gap?

Across the developed world, women continue to earn substantially less than men. While a substantial part of this gap can be attributed to gender differences in pay-relevant characteristics such as work experience or occupation, non-negligible pay differences between men and women remain unexplained by these factors.

Why is there still a gender pay gap?

According to the Institute for Women’s Policy Research, from 2019 to 2020, the gender wage gap narrowed from 18.5% to 17.7%. But this wasn’t due to women earning more. Rather, it was the result of a disproportionate number of low-wage female workers losing their jobs due to the coronavirus.

Does race affect pay?

Discrimination based on race has been found in other research as well. Seventy-four percent of employers in one study were found to be racially biased against blacks, and blacks have been found to make lower wages than whites working in the same industry.

What is the male female wage gap?

Women earn 82 cents for every dollar a man earns According to Bureau of Labor Statistics data, in 2020, women’s annual earnings were 82.3% of men’s, and the gap is even wider for many women of color.

How are wage gaps calculated?

It’s calculated by dividing the median earnings of full-time, year-round, working women by the median earnings of full-time, year-round, working men, all rounded to the nearest $100. The wage gap looks slightly different depending on which data source is used in the calculation.

Is the gender pay gap legal?

Q: We have the Equal Pay Act of 1963, making it illegal for employers to pay women less money for performing the same jobs and tasks as their male colleagues; Title VII of the Civil Rights Act of 1964, prohibiting employment discrimination on the basis of sex (and used in wage discrimination cases); the Lilly Ledbetter …

Can I be paid less for doing the same job?

By law, men and women must get equal pay for doing ‘equal work’ (work that equal pay law classes as the same, similar, equivalent or of equal value). This means someone must not get less pay compared to someone who is both: the opposite sex. doing equal work for the same employer.