The Wage Gap Persists—But Recent Reforms Are Making a Difference

Rose Khattar and Lauren Hoffman discuss how, in addition to recent reforms such as the Inflation Reduction Act and the student loan relief plan, more measures are necessary to finally close the pay gap that continues to limit economic opportunity for many women.

Building an Economy for All, Biden Administration, Economic Justice, Economy, Health Care Costs, Income Inequality, Inflation Reduction Act, Jobs, Racial Equity and Justice, Racial Wealth Gap, Wages, Women’s Issues, Women’s Economic Security +10 More

The U.S. Census Bureau’s new income data shows the gender wage gap has narrowed by one penny for full-time, year-round working women, and four cents for all working women. This aligns with the robust economic recovery the United States is experiencing, where jobs are plentiful, women’s wage growth is outpacing men’s this year, and the economy is strong by many measures.

But many women are still struggling to make ends meet. High prices on necessities like gas and food have hit women particularly hard, partly because of the gender wage gap.

The above excerpt was originally published in Ms. Magazine. Click here to view the full article.

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