Yesterday was Equal Pay Day, the day designated to illustrate the gap between the wages of men and women by showing how far into the year a woman must work, on average, to earn as much as a man earned the previous year.
- 70% of women work outside the home.
- Women earn 78 cents for every dollar a man with the same qualifications makes.
- For African American women it’s 68 cents; for Hispanic women 58 cents.
- The Paycheck Fairness Act would close loopholes in the Equal Pay Act and bar retaliation against workers who disclose their wages. The House of Representatives passed the bill more than a year ago on January 9, 2009. The Senate has not yet passed the bill.
The No Limits Foundation links to a wage gap calculator that will calculate the additional wages you would have earned over 40 years had you been a man (or if you are a man, the wages you would have lost if you had been born female), adjusted for state, occupation, and education. I was surprised to find out Illinois was among the worst in the nation.
I lose $720,000.