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How is that possible? Because woman, on average, only make 80% of what men do. When you compare career earnings, you’ve given the work force 10 free years of productivity.
1The wage gap for women of color is twice as bad, as a result of both gender AND race gap.
Women ages 15-24 working full time, year-round, are typically paid 88 cents for every dollar their male counterparts are paid.
2
This disparity is a direct result of lower lifetimes earnings and different works patterns.
3
Women with pensions receive about 58% of the average male retirement income, or $13,603 annually compared to $23,500 each year for a man.
4
Women garner about 92 cents of home equity for every $1 of equity acquired by males.
5“Women’s” jobs often pay less precisely because women do them. A study of more than 50 years of data revealed that when women moved into a field in large numbers, wages declined, even when controlling for experience, skills, education, race and region.
6
In the time period between one and four years after graduation, men paid off an average of 38% of their outstanding debt, while women paid off 31%, according to the study.
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