Earlier this year, the U.S. Census Bureau reported that the 2022 Equal Pay Day, timed to represent how far into the year women need to work in order to equal what men earned in the previous year, fell on March 15. That was the earliest into a year that Equal Pay Day has appeared since its inception in 1996. That factoid provides small comfort, however, as the year nears its close: Bloomberg reports that women in the U.S. earned 83.4 cents for every dollar their male counterparts made in the third quarter of 2022. That's up a cent from the second quarter but below the 84.3 cents gap of 2021.
Women are feeling the pain. The Ellevest Women's Financial Health Index fell to a score of 1 in July 2022, while before the pandemic it was at 9.8. That report used 12 indicators, including the gender pay gap as well as inflation and female employment rate. "When women are financially healthy, our communities, economies, and planet are all better off," said Ellevest CEO Sallie Krawcheck.
In a new study, job search site Lensa takes a deep dive into the present state of workplace inequality in the U.S., from the industries with the highest percentages of male employment vs. women employment to the industries with the largest (and smallest) gender pay gap.
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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.
