Progress in Battle For Pay Equality Measured in Days
Number of the Day: The most relevant or interesting figure in personal finance
That’s how many days earlier Equal Pay Day is this year, reflecting the narrowing (albeit slightly) pay gap between men and women.
Equal Pay Day—the date of which is determined by how many days into the year women must work to equal what men earned the previous year—is March 24 this year, the earliest it has been since its inception in 1996, according to the Census Bureau. In 2019—the most recent year for which data is available—women earned 82.3 cents to every dollar earned by men, up from 81.6 cents in 2018. While the gap has generally been narrowing, the American Association of University Women (AAUW) estimates that at this rate, it won’t close until 2093.
And parity may take even longer for mothers and most women of color. While March 24 is the date representing the overall gap between men and women, the Equal Pay Day dates shift even later for many groups. Here is a breakdown, according to the AAUW:
- Asian American and Pacific Islander women: March 9 based on 85 cents for every dollar paid to white men.
- Mothers: June 4 based on 70 cents for every dollar paid to fathers.
- Black women: Aug. 3 based on 63 cents for every dollar paid to white men.
- Native American women: Sept. 8 based on 60 cents for every dollar paid to white men.
- Latina women: Oct. 21 based on 55 cents for every dollar paid to white men.