The gender pay gap can add up to a $1 million shortfall

  • 📰 CNBC
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Over the course of a career, the gender pay gap can add up to a $1 million shortfall

div > div.group > p:first-child"> April 2 marks just how far into the year full-time female workers have to work to make what their male counterparts typically made in the previous year, also known as the gender pay gap.

"Women have to work nearly 50 years to make what a man makes in 40 years," said Emily Martin, the center's vice president for education & workplace justice. The pay gap worsens significantly for minorities, particularly African-American women and Latina women, the center also found. Much of the gap has been explained by criteria such as education and work experience — women are more likely to work part time and take time off over the course of their careers, often to care for children or other family members, according to the Pew Research Center.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Short fall for somenafrican american men and women, latino men and women. Some jobs pay women more than men and thats been proven.

I thought CNBC was smarter than this. Don’t they have financial experts that work for them? Why not make the argument that teens make less than adult women or adult men. It’s because teens have different jobs that pays less than adult men and women. The same with men and women!

FakeNews

So the worst states are Illinois, Washington, and New Jersey. All pretty blue Democrats strong holds.

I thought there were more than 2 genders? What about everyone else?

There’s the FakeNews you people are known for.

Does this take into account earnings lost by not working the same ours as men and working less overtime?

Are you guys trying to bring up this debunked myth again in lieu of the falling viewer traffic?

I saved 75%, by only hiring women. EqualPayDay

Sure for stay at home moms because I'm not working just to put my kids in daycare.

If you actually compare women and men with the same job, the same experience, and the same qualifications, there is no gap. In fact, women often make more than men. Its like comparing a Doctor to fast food worker and being like '5 million in losses'.

Because women make different choices. My wife has no children and goes to work.

It's a myth. More fake news.

I mean, the chart is color coded. So it HAS to be legit research and data, right?

And, from the U.S Department of Labor:

See also:

JCrutch_ wanted to put you on this note. Happy EqualPayDay 🤗

Lies lies lies. Every time a woman leaves work early, a man has to pick up her slack! 2x pay for men who do there jobs and a womans! Women bitch about 30%. Well, I'm shorted 70%. F U liberal media! Wait now tax me more! Because my overtime was the pick up a woman slack

Not true at all. You have cherry-picked data to create a misleading chart. Women do not take jobs that result in their deaths like men do. Women can be electric linemen they choose not to. Guess what, jobs where there is a risk of death pay a lot more than waitresses.

If men really are making more, can I pls have my extra 20% please? They must’ve been missing my paycheck

What jobs in the US pay less based on gender? illwait fakenews

Why are only two genders included in this study? Do you not care about the others?

Would like to see CNBC Equal Pay rate for their women employees vs the men's? Do they practice what they preach?

We all want reasonable equal compensation for all. But looking at women’s soccer; if viewership, fan base, ad revenue are equal to men then comp should be same. Using the fact that woman won more than men’s team is specious at best. Irrelevant.

Stop being biased. Report straight facts, not just ones that fit into a cozy narrative.

For the same job - there is equal pay. Argument over.

This is a lie We do have equal pay The number 1 employer in the USA is the government & there is no pay gap When you adjust for job CEO vs admin asst etc. There is NO PAY gap it’s a false narrative consistent with twitter’s far left agenda though so I’m sure this 1 Shadowbanned

Hogwash.

stop spreading lies

wow, i didn't know that ALL white man make more money than ALL women regardless of color, did someone said hate and fake media is everywhere, peace papitos amigos snowflakes copitos de nieve...

If the pay gap between genders is real & employers can get away w) paying women LESS then why do employers hire men at all? If women earn LESS solely based in their gender why arent they suing their employers em mass for equal pay? Google the Equalpay act of 1963! EqualPayDay

What about circus elephants? Do they get paid more than “Latinx” women as well?

By using the word “some” your statement is meaningless. learntowrite

Why do you perpetuated this junk?

You're out of your element, Donnie!

If I could get away with a 20% reduction in my payroll costs across the board, why would I just hire all women and pocket the savings? Could there be other factors at play? Best not think about it too hard.

Lmao CNBC is even fake news... is there one actual factual news channel under the corporate Comcast umbrella?

dumbassery

Did your studies include a work hours shortfall by women?

Fake News stop comparing nurses to financial advisors and ppl with law degrees to art majors

No problem in gender pay equality if the woman is mature enough to assimilate the picture of earning more than their male counterpart and contributing more to cover the family expenses. There's an issue if the woman is immature and expects to earn more and contribute(house) less

intelligence is intelligence no matter who withholds it. It is tragic that physical traits or identities affect how much this intelligence is rewarded, rather than how it is being applied to help society. Follow WashAbstract to see what our government is doing about it EqualPay

Wrong. We know you want more women voting liberal so you help perpetuate the myth for the pandering democrats. Though I'm not really sure what it gets you. When they gain control and control your message, you aren't going to be part of the ruling elite. You'll be replaced.

“Much of the gap has been explained by criteria such as education and work experience — women are more likely to work part time and take time off over the course of their careers, often to care for children or other family members, according to the Pew Research Center.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines