Equal Pay Day
Yesterday was Equal Pay for Women Day, a step to mark the wage gap between men and women. According to this Ms Magazine report:
In 1963, women earned 59 cents for every dollar men earned. Although earnings for women have increased, the wage gap persists today. Among full-time, year-round workers, women now earn 77 cents, on average, for every dollar that men earn. Behind the Pay Gap, a report released Monday by the American Association of University Women (AAUW) Educational Foundation, exposes the disparity in wages between college-educated women and men. The report analyzed data from the US Department of Education on nearly 20,000 college graduates from the years 1992-93 and 1999-2000 and found that women earn 80 percent of what men make just one year after college — a gap that widens to 69 percent after ten years.Additionally, the report shows that the wage gap persists despite women’s educational achievement. In college, women maintained higher grade point averages and outperformed men academically in all subjects, including science and math…
