The largest global platform for women in business has released a Black Women’s Equal Pay Fast Facts Sheet in honor of Black Women’s Equal Pay Day, August 13, 2020
On Thursday, August 13, 2020, Walker’s Legacy, the largest digital platform for multicultural women in business, will recognize Black Women’s Equal Pay Day.
Black women, the most educated demographic in the United States, only earn 64 cents to a man’s dollar while women, in general, earn 78 cents. This means that as it stands, Black women must work a year and eight months just to earn what their white male counterparts earn in a twelve-month year.
- If paid fairly, the average Black woman would earn almost $950,000 more over the course of her career.
- On average, Black Women in the U.S. are paid 39% less than white men and 21% less than white women.
- The pay gap widens for women at higher education levels. The gap is largest for Black women who have their bachelor and other advanced degrees.
If current trends continue, pay equity for Black women is still a full century away. Improving access to the good jobs of the future and improving the affordability of education and training opportunities is essential to speeding up progress on pay equality for Black women.
The Walker’s Legacy Black Women Equal Pay Day Fast Fact Sheet calls attention to the wage gap impacting Black women across the country through the use of statistical data. Understanding the wage inequalities and systematic difficulties that Black women face is crucial for the timely movements and conversations sweeping across the United States
For the complete Walker’s Legacy, Black Women Equal Pay Day Fast Fact Sheet click here.