Gender-based pay gap won’t close until 2057

Photo credit: South University

Despite a half century of attempts to close the gender-based pay chasm, women continue to earn substantially less than men. And it will likely be the mid-21^st century before the gap is eliminated.

That’s the conclusion of the latest pay gap review by the U.S. Department of Labor. The department took a look at the gap on the 50^th anniversary of the signing of the Equal Pay Act – the anniversary was Monday – and reported that in some comparisons, women had actually fallen further behind in the past year. Overall, the optimism expressed by the Kennedy administration on the signing of the act hasn’t been supported by action in the last decade, it said.