Wall Street Journal's Anna Louie Sussman dives into the reality of the “gender and inequality wage gap", which a new report from the Economic Policy Institute claims was at 71% in 2014. That percentage was calculated by economist Elise Gould and researcher Alyssa Davis, who combined the pay-productivity gap with the gender pay gap.
Their findings also determined that since the beginning of the Institute's study in 1979, both men and women's wages have charted little growth in comparison to economy-wide increases in productivity. Men's wages have actually declined, and Hispanic men are earning nearly 10% less than they were in 1979.
Ms. Gould proposes a number of fixes, many of them similar to those that accompanied EPI’s recent (gender-neutral) paper on pay and productivity: conduct monetary policy with an eye towards full employment, raise the minimum wage and restore collective bargaining rights. But others have more relevance to female workers, such as raising the tipped minimum wage and guaranteeing paid family leave.