Education Alone Won’t Put An End to Equal Pay Days
By: Bryce Covert
Today is Equal Pay Day, the dismal holiday where women celebrate the fact that, on average, their earnings have caught up to what men made in one year last year, given that when they work full-time, year-round they make just 78 percent of what men make.
The gender wage gap hasn’t really budged in recent years—about a decade, in fact—and the Institute for Women’s Policy Research predicts it won’t actually close for another five decades. The gap is even larger for women of color, and they have to wait until summertime or later to catch up to what white men earned last year.