Blau and her research partner Lawrence Kahn controlled for "everything we could find reliable data on" and found that women still earn about 8% less than their male colleagues for the same job. The "unexplained pay gap"Įven if you account for things like women taking more flexible jobs, working fewer hours, taking time off for childcare, etc., paychecks between the sexes still aren't square. 3that’s 579 days to earn the same amount as a man. This year, Equal Pay Day for Black women falls on Aug. For every woman at a senior management level who gets promoted, two women leave their jobs, most citing childcare as a major reason. The outcomes are even more abysmal when broken down by race. ![]() "But a lot of times those jobs will pay less." Other women leave the workforce entirely. "Women will choose jobs or switch to occupations or companies that are more family friendly," she explains. In 2020, women earned 83 cents to every dollar earned by men. The White House is marking Equal Pay Day 2022 by taking steps aimed at ending the gender pay gap for federal workers and contractors. That’s earlier than it’s ever been since its inception in 1996. Many women shy away from really demanding positions or work only part time because they need time and flexibility to care for their kids. Equal Pay Day timed to represent how far into the year women must work to equal what men earned the previous year is on March 15 this year. ![]() The Indicator from Planet Money Women, career and family: A conversation with Claudia Goldin The childcare conundrumīlau says one of the biggest factors here is childcare.
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