An analysis released today by the Institute for Women's Policy Research (IWPR) shows that women are still almost 40 years from reaching pay equity with men if trends continue at the current pace. Each year the wage gap persists, women fall further behind men in overall earnings and ability to build assets and wealth with a cumulative effect each year in which earnings differences continue.
Same Gap, Different Year. The Gender Wage Gap: 2019 Earnings Differences by Gender, Race, and Ethnicity
The rate of progress toward closing the gender pay gap did not increase in 2019. If the pace of change in the annual earnings ratio continues at the same rate as it has since 1960, it will take another 39 years, until 2059, for men and women to reach parity.1 This projection for equal pay has remained unchanged for the past four years.
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