For Latinas, the Gender Wage Gap Is More Than $1M
The fact that American women earn an average of 79 cents to every dollar a man makes may already seem absolutely miscalculated. But that gender wage gap actually grows a whole lot wider over time, especially for women of color.
This finding will probably make you outraged at the very least: for Latina women the wage gap rings to the tune of more than a million.
A new study of Census Bureau data from the National Women’s Law Center (NWLC) demonstrates that women lose $430,480 over the course of a 40-year career compared to the salary of a typical white man in the same time frame.
But for African-American women, the gap totals to $877,480 and for Latinas the number grows to a more than million lost to the gender wage gap.
The data NWLC used for the study is based on today's median wage gap. A research director for NWLC noted that women are often over-represented in low-wage jobs, which may play into the large gender gap difference.
Emily Martin, NWLC general counsel and vice president for workplace justice explained in an interview that if you start your career making less, the gap is even more pronounced, offering incremental raises from a percentage of your salary.
Martin points to raising the minimum wage, bolstering anti-discrimination laws, and rectifying barriers to entering high-paying jobs as ways to address the large gender wage gap for many women.
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