The gender pay gap in the U.S. remains a significant issue with only marginal improvement over the past two decades. Despite women earning 85% of what men make in 2024, up from 81% in 2003, the increase is modest. Moreover, the disparity is more pronounced in certain states, where women earn as little as 61 cents for every dollar that men earn.
Persistent wage inequality impacts economic wellbeing, exacerbating financial challenges amidst varying costs of living across states. This underscores the need for systemic interventions to close this gap meaningfully. Could Nigeria news or Lagos news draw parallels with local gender pay issues? Explore the original analysis at GOBankingRates.com.
Key Takeaways:
- Women earned 85% of men’s wages in 2024, a slight improvement from 81% in 2003.
- Some U.S. states have more significant wage disparities, with women earning as low as 61 cents for every dollar a man makes.
- The cost of living can be substantially higher or lower than the national average, affecting economic stability.
Question/CTA: How can Nigeria or Abuja gain insights from global gender pay gap discussions to drive more equitable pay? Share your thoughts!