Excerpted from National Partnership for Women & Families Fact Sheet,
April 2012. Website: http://www.nationalpartnership.org/research-library/workplace-fairness/fair-pay/working-women-and-new-yorks.pdf
New York Working Women and the State’s Wage Gap
In New York, on average, a woman working full time is paid $40,584 per year,
while a man working full time is paid $49,174 per year. This creates a wage gap of $8,590 between full-time working men and women in the state.
What does the wage gap mean for working women in New York?
As a group, full-time working women in new york lose approximately $22,340,027,689 each year due to the wage gap. If the wage gap were eliminated, New York’s working women and their families would have enough money for:
64 more weeks of food (1.2 years’ worth);
- 4.4 more months of mortgage and utilities payments;
- 9 more months of rent;
- 3 more years of family health insurance premiums;
- More than 2 ,000 additional gallons of gas.
The women of New York are increasingly responsible for the economic security of their families and cannot afford to face discrimination and lower wages.
- More than 63 percent of working mothers in New York bring in more than
a quarter of their families’ income, and 1,050,106 households in New York
are headed by women.
- More than 26 percent of women-headed households in New York live below
the poverty level. Eliminating the wage gap would provide critical income
to 279,328 families living in poverty.
Women and families suffer when women are underpaid.
nationally, in 2009,
women working full-time, year-round were paid only 77 cents for every dollar
paid to men. African American women were paid only 61 cents, and Latinas
only 52 cents, for every dollar paid to white, non-hispanic men.
gap has been closing at a rate of less than half a cent per year since the passage
of the 1963 Equal Pay Act, when women were paid 58.9 cents for every dollar paid to men. Unless we expedite our progress, the wage gap will not close
completely until 2058 – when today’s high school students will be preparing
for retirement. The wage gap is not a matter of personal choice.
According to a 2003
office study, the wage gap
remains even when accounting for personal choices – such as work patterns
others tend to pay a “penalty” for having children while fathers get a bonus:
omen with children are paid 2.5 percent less than women
without children, while men with children experience an earnings boost of
2.1 percent over men without children.