"Pay gap, pay gap, why don't you do the math?" lamented country singer Margo Price in 2017. PayScale's annual report on the state of the gender pay gap did just that: In 2020, women are making 81 cents for every dollar their male colleagues make. That's a whopping two-cent increase from the 79 cents they made in 2019. To add insult to injury, the report also says only 38% of companies have plans in place to examine and address pay inequities.
In spite of progress made since 1979, when women working full-time earned 62% of what men earned, the gender pay gap has leveled off since the early 2000s. However, as new research from Self Financial reveals, that pay gap is felt more deeply in certain parts of the United States.
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Richard Binder
Richard Binder, based in New York, is part of the social media team at ALM. He is also a 2014 recipient of the ASPBE Award for Excellence in the Humorous/Fun Department.
