Women earn 82% as much as their male counterparts, according to US Census data shared in a new report from the American Association of University Women (AAUW).
AAUW found that the gender pay gap widens come retirement, where the typical woman retiree’s income equals just 70% of the typical man’s.
Women earn much less from Social Security and pensions than men, and tend to fall far behind in personal retirement savings.
personal finance coverage.
The average working woman in America earns 82 cents for every dollar a man earns.
That’s according to a new report from the American Association of University Women (AAUW), a nonprofit and nonpartisan organization that promotes equity and education for women and girls.
The typical female worker earns earns $45,097 annually, according to US Census data cited by AAUW, while the typical man makes $55,291. And the gap is even wider for women of color. This pay disparity affects women at every stage of their career, but naturally, it doesn’t end there.
AAUW found that the gender pay gap persists — and in fact, widens precipitously — long after leaving the workforce. The typical woman’s total retirement income equals just 70% of the typical man’s. …read more
Source:: Businessinsider – Finance