Modern women still make 77 cents for every dollar that a man in the same job earns, according to U.S. Census Bureau data. If a woman works 35 hours a week, that difference can add up to $11,500 per year. But, new research indicates that the wage gap is actually way more complicated than just the cents to dollar ratio, according to Fast Company's Lydia Dishman. The analysis, conducted by the National Partnership for Women & Families, found that African-American and Hispanic women have an even more significant gender-based wage gap. And it's not just measured against men, either, but against white women as well.
Nationally, on average, African-American women are paid 60¢ and Latinas are paid 55¢ for every dollar paid to white, non-Hispanic men. This amounts to annual losses of $21,937 and $25,177, respectively. The new analysis breaks down at the national level what that lost income could mean in terms of African-American and Hispanic women’s ability to purchase basic necessities for their families, such as food, housing, utilities, and gas.
"Pay inequities and wage discrimination perpetuate poverty, and women of color suffer the most," said Debra L. Ness, president of the National Partnership. "In the very states in which most African-American women and Latinas work, the loss of critical income makes it much harder for them and their families to get ahead or even stay afloat."