On Friday, the economy added a surprisingly robust 261,000 new jobs in October, underpinning the strength of a labor market that the Federal Reserve worries will still stoke high inflation.
“The new law creates an opportunity for a shift in hiring practices, and may help address the pay gap for women and people of color.” Some of these racial and gender wage gaps can be due to the fact that fewer Black and Hispanic workers have a college education. However, a separate report by the Pew Research Center says those gaps persist among college-educated workers.What can I do to improve my salary? The new rules allow workers to start a conversation with their manager, said Beverly Neufeld, president of PowHer New York, a statewide nonprofit network that focuses on promoting economic gender equality.
The difference between the potential minimum and maximum salary on some postings is more than $100,000. The top number shows how much the employer can afford to pay, and also reflects a candidate’s experience and skill, Dobroski said. “‘Lower pay follows you through your career. And that’s where the pay gap starts — in the first job.’”
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