69%
Jeez, equal pay for equal work seems like a pretty simple bit of economic justice for a nation to accomplish. Apparently not, as a new study shows that women receive only 69% of the salary given to a comparable male.
NEW YORK - Women make only 80 percent of the salaries their male peers do one year after college; after 10 years in the work force, the gap between their pay widens further, according to a study released Monday.
The study, by the American Association of University Women Educational Foundation, found that 10 years after college, women earn only 69 percent of what men earn.
Even after controlling for hours, occupation, parenthood, and other factors known to affect earnings, the study found that one-quarter of the pay gap remains unexplained. The group said that portion of the gap is “likely due to sex discrimination.”
We, as a nation, get an F+ for gender equality in the workplace. Not good…
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