How to Close the Gender Wage Gap in Just Seven Easy* Steps
By Bryce Covert, Next New Deal Editor
Congrats, ladies! By today you’ve earned the same as men did in 2011. That gap means that the typical woman working full-time, year round, makes about seventy-seven cents for every dollar a typical man does, and those missing twenty-three cents can really add up. In a year a woman loses $10,784 to a man—enough to buy about 2,700 gallons of gas. It can add up to a loss of $431,000 in pay for the typical woman over a forty-year career. No small chunk of pocket change.
This issue hasn’t gone unnoticed. The first thing President Obama did after settling into the West Wing was to sign the Lilly Ledbetter Fair Pay Act into law, which expanded the statute of limitations on lawsuits over equal pay. Yet Ledbetter did little to actually change the gap: it stood at seventy-seven cents when the bill was passed at 2009, where it stands today.
But this high holiday of gender inequality is not the day to get dragged down in pessimism! After all, it can’t be totally out of reach to change this thing that’s barely budged in fifty years, amiright? In the spirit of moving forward and focusing on real solutions, here are some quick steps we can all take to make the gap disappear: