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Equal Pay

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Equal Pay Day 2024: Gender Pay Gap Hits Historic Low—But Remains Too Large

Economic Policy Institute & Fawcett Society 8 min read

In 2024, women in the US earn an average of only 85% of what men earn, with the gender pay gap reaching a historic low of 18% but progress remains painfully slow. Women with advanced degrees face an even larger pay gap, losing over $32,500 annually. This economic inequality is not just a personal loss but a manifestation of systemic discrimination.

Equal Pay Workplace Equality Economic Empowerment +2

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