Why Equal Pay for Women Would Benefit the U.S. Economy

On average, women who do the same job as men do not receive equal salary. Women not only receive fair salaries. Because they deserve paying, and that is good for the US economy. Let's think about it. 41% of women are the only source of income for families, and women account for 83% of gross national product.

According to a survey carried out by the Women Certified section of the Female Consumer Rights Protection and Retail Training Association, women spend 4 trillion dollars a year, 83% of the total US consumer spending, that is, two thirds of the gross domestic product It is.

Almost a quarter of all video games are purchased by consumers over the age of 40 and 38% of all video game sales are attributed to women. Indeed, women also spend more money on men 's products, including sporting goods and expensive cars, than men.

In 1963, President John F. Kennedy signed the "Equal Wage Act". But this law does not go well. According to Dawn Rosenberg McKay, career planning guide:

"Employers do not always comply with the Equal Wage Act of 1963 or any other law requiring equal salary for equal work The Equal Wage Act, Civil Rights Act Chapter 7, Employment 861 complaints about wage discrimination (fee statistics: fiscal year from 1997 to 2006), including employers who violate the age discrimination law and the American Persons with Disabilities Act.

In 2007, Barack Obama launched the "Fair Compensation Recovery Act"; it was lost in the Senate (John McCain did not attend the vote)

In 2007, 2007 Lilly Ledbetter Fair Pay Act was introduced. Mr. Obama supported the bill, McCain opposed it. The bill was passed by the Senate

The wage gap between males and females decreases by less than 0.5% per year. As the law on equal salary for equality labor was enacted, the increase in inflation, the increase in living expenses, and the situation of women have deteriorated, but it is not even more.

"According to government statistics, women pay only 77 cents for a dollar that men earn, but according to Moms Rising, women are 10% lower than men's income, mothers 27% less 34 to 44% "

Not only does it hurt women and their families but also does not pay equal wages to women worthy of damaging the US economy.

The chosen day of the worker's day means the extent to which the women must work hard to earn the income of the previous year's men. April 10 of the US equal payment date of 2018 represents the average salary of all women compared to the average salary of men. However, I would also like to recognize that if the race and ethnicity are different, the number of days of equal salary will differ for equal work. When I signed the White House "equal compensation" agreement in 2016, it is a number promised to report unadjusted fees. This unadjusted figure is the number that the UK government asked all companies with more than 250 workers this year's report. I appreciate the transparency and accountability brought by this wage gap.

On average, women who do the same job as men do not receive equal salary. Women not only receive fair salaries. Because they deserve paying, and that is good for the US economy. Let's think about it. 41% of women are the only source of income for families, and women account for 83% of gross national product. "Employers do not always comply with the Equal Wage Act of 1963 or any other law requiring equal salary for equal work The Equal Wage Act, Civil Rights Act Chapter 7, Employment 861 complaints about wage discrimination (fee statistics: fiscal year from 1997 to 2006), including employers who violate the age discrimination law and the American Persons with Disabilities Act.