A new report from the Institute for Women’s Policy Research found that the common gender wage gap figure of 80 cents on the dollar woefully underestimates how much American women’s earnings differ from men’s. According to the study highlights: “Women today earn just 49 cents to the typical men’s dollar, much less than the 80 cents usually reported. When measured by total earnings across the most recent 15 years for all workers who worked in at least one year, women workers’ earnings were 49 percent—less than half—of men’s earnings, a wage gap of 51 percent in 2015. Progress has slowed in the last 15 years relative to the preceding 30 years in the study.” The authors attribute the gap to the high cost of women taking time off to become caregivers and decreasing attachment to the labor force.
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