McKINNEY COSPONSORS EQUAL PAY DAY RESOLUTION
Women are paid 27 percent less than their male counterparts.
May 4, 2000
WASHINGTON, D.C.--Congresswoman Cynthia McKinney (D-GA) is an original
cosponsor of the Equal Pay Day Resolution to address the wage gap
between men and women. For every dollar a man earns women only earn
73 cents of that dollar. The wage gap is even higher for minority
women. African-American women earn 63 cents and Hispanic women earn
53 cents on the manís dollar.
Americaís working families lose $200 billion on annual income to
the wage gap, an average loss of more than $4,000 per family, even
after accounting for differences in education, age, location and
the number of hours worked. Over a working lifetime, this wage disparity
costs the average American woman an estimated $250,000 in lost wages.
"Equal Pay Day represents the approximately 36 percent of additional
time that women must work to compensate for the average 27 percent
more wages paid to men last year," stated McKinney.