Equal Pay Day
Tuesday, April 10th was Equal Pay Day – marking the three months of extra time women in the U.S. typically have to work to “catch up” to what men made last year.
In the United States, women working full time, year round are paid 80 cents for every dollar paid to their male counterparts. Maryland women are paid 84 cents. On average, Maryland women who are employed full time lose a combined total of more than $18 billion every year due to the wage gap. If the wage gap were eliminated, a working woman in Maryland would have enough money for nearly eight more months of rent, almost 12 more months of child care, or about 18 more months of food for her family.
If current trends continue, we’ll have to wait another four decades — at least until 2059 — to finally reach pay parity. For many women of color, the rate of progress is even slower. Hispanic women will have to wait until 2233 — 216 years from now — and Black women will wait until 2124 for equal pay.
The pace of progress also depends on where you live. The wage gap is projected to close first in Florida, with women achieving equal pay in 2038. In Maryland, we should reach pay parity in 2043.
I’m happy to live here and not in North Dakota, Utah, Louisiana, or Wyoming, where the wage gap won’t close before the next century!