Wednesday, March 16, 2016

Report: Blacks, Hispanics Lag Behind Other Races in Weekly Wages, Income Equality Won’t Happen for Women Until 2059 - ATLANTA BLACK STAR

by Ricky Riley
Originally published: March 10, 2016

Publisher: AtlantaBlackStar.com 

The gender wage gap is widening for Black women, according to a new report by the Institute of Women’s Policy Research.

Wages increased for men and women from 2014 to 2015, but women — particularly Black women — were left behind, the report says. From the data collected, women’s wages are increasing at a snail’s pace.

“Progress in closing the gender earnings gap based on median annual earnings has also slowed considerably. If the pace of change in the annual earnings ratio were to continue at the same rate as it has since 1960, it would take until 2059 for women and men to reach earnings parity,” according to researchers Ariane Hegewisch and Asha DuMonthier.

Click here to read the entire article.