By Nicole Knight
“Look, we know if we don’t do anything and just keep the laws as they are, we’ll address the pay gap issue in probably 2043,” she said. The Institute for Women’s Policy Research estimates it’ll take until 2043 to close the wage gap in California, while the nation isn’t expected to reach pay parity until 2059.
“What we looked at is how can we in this generation speed up the removal of pay inequity,” she said.
A woman earns 80.5 cents for every dollar a man makes, according to an analysis of 2016 census figures out this week. Women of color fare worse. Black women are paid 62.5 cents for every dollar a white man makes, while Hispanic women earn 54.4 cents. Over a lifetime, the wage gap costs Black women in California $1.05 million, and Latinas $1.6 million, according to recent analysis of census data by the National Women’s Law Center.