The Cost Of The Iran War And Why Single Mothers May Feel Inflation First. Plus: Inside The Secret Language Of Work |
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Thursday marked Equal Pay Day—the point in the “new” year to which all women must work in order to earn what white men earned in the prior calendar year. That “all women” caveat is important: When you break down the data by groups, you can see that the pay gap is even larger for mothers and women of color. To wit: Mothers’ Equal Pay day is August 6 this year, while Black Women’s Equal Pay day is July 21, Latina Equal Pay day is October 8, and Native Women’s Equal Pay day is November 19.
As Forbes senior contributor Kim Elsesser notes in this piece, researchers have been trying to determine the cause of the pay gap for years. And while some answers have been found (caregiving, occupational choices and outright discrimination are among the reasons the pay gap exists), Elsesser points to a collection of new studies that can deepen our understanding of pay disparities between men and women.
I won’t reveal every last datapoint—you’ll have to read her story for that!—but I will highlight one of the findings that particularly caught my eye. According to new research published in the Human Resource Management journal, women are often penalized, financially, when they team up with other women. The same is not true for men (men actually benefit financially from working in all-male groups), but the researchers found that women working in all-women groups earn less than men working in all-male groups AND........