Tuesday, April 12, 2016

Although better than the national average, the wage gap for Florida women still sucks

Posted By on Tue, Apr 12, 2016 at 4:18 PM

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With so many women in the workforce, it might be hard to remember that even though men and women share offices, lunch breaks and water coolers, the numbers on their pay checks are grossly different.

It's the reason why the National Committee on Pay Equity has designated today as Equal Pay Day, the symbolic date that women have to work until to catch up with what men earned at the end of the previous year.

On average, women who are currently employed full time, year round in the U.S. are paid 79 cents for every dollar a man makes, according to statistics from the National Partnership for Women and Family. 

In Florida, the current average for female earners is 85 cents to every dollar a man makes. A huge improvement, but it's still not a dollar. 

This amounts to an annual wage gap of $6,203, which means that altogether, Florida women who work full time are losing a combined total of nearly $17 billion every year because of the wage gap. 

These numbers are even worse for Florida women of color. According to the National Partnership, African American women who hold full-time, year-round jobs make 61 cents, Latinas 59 cents and Asian women 74 cents, for every dollar paid to white men. 

Nationally, women lose nearly $500 billion every year because of the gap. 

If the wage gap was eliminated in Florida, on average, a working woman would have enough money for approximately a year's worth more food for her family and either five more months of mortgage payments or more than six months of additional rent payments. 

Despite federal laws, the Institute for Women's Policy Research estimates that unless something changes, women will not reach equal pay until 2059. 

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