Women are paid less than men—and that hits harder in an economic crisis.
Get the facts about the gender pay gap.
What you need to know
It’s often worse for women of color
If you break it down by race and ethnicity, the pay gap is even wider for Black women, Native American women, and Latinas.
How it works
Why it matters
Women are losing out on millions
The pay gap is not about a single paycheck. Over the course of a career, the lost income can add up to over a million dollars.
Did you know?
The pay gap widens the wealth gap: In other words, how much women are worth, or how much they own. Women own 32 cents on the dollar compared to men. And shockingly, Black women and Latinas own less than a penny on the dollar compared to white men.14
Families are on the frontline
Women are often breadwinners for their families—meaning their household depends on their paycheck. This is particularly true for some women of color: More than four in five Black mothers (81%) are breadwinnners.15
When moms are paid less, they have less money for basic family necessities like rent, groceries, and school supplies. Over time, this impacts families’ ability to invest in savings, higher education, or property.
The pay gap is a global problem
Around the world, women earn 23% less than men.17 However, the pay gap doesn’t paint a full picture of women’s economic equality. Other factors like workforce participation and access to credit hold women back—and at the current rate, it will take 257 years to close this economic gap.18
Closing the gap benefits everyone
Closing the pay gap isn’t just a win for women—it has social and economic benefits too. If women were paid fairly, we could cut the poverty rate in half and inject $512.6 billion into the U.S. economy.26