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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 man’s dollar. America’s 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. |
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