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Why Do Men Continue to Earn More Than Women?

November 20th, 2020 No comments

Have you ever noticed how women often work hard, work equal hours, and are just as capable as men yet still seem to make less money? This is the sad reality for many women in the United States. Women face discrimination due to their gender and as a result, a large pay gap has developed. For women and men of all races, on average, women working full time make 82 cents for every $1 made by men (Census Bureau). This gap continues to widen even more when you break it down by race: Black women make 62 cents and Latina women 54 cents to every $1 made by a White man (Census Bureau). Many of the occupations dominated by men tend to pay more and often shun women from entering the field. Take America’s most successful business corporations for example. Each year when the list of the top 500 richest corporations comes out rarely do we see these companies being led by women. As of 2020, out of the 500 companies, only 37 of them were led by female CEOs (Fortune). Fortune.com stated that the 2020 list set a new record of women CEOs… a whopping 37/500. Clearly we still have a very long way to go until women are equally as successful and represented as men.

Inequality of pay by gender and race 

 

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