US Women Lose $61 Trillion to Gender Pay Gap Since 1960s (1)

Sixty years since the signing of the Equal Pay Act, wage gaps along gender and racial lines still persist — and they’ve cost American women $61 trillion since 1967.

That’s according to a new report by the Center for American Progress, a progressive think tank. The paper looks at the narrowing of the gender wage gap in the US since the Equal Pay Act was signed into law in 1963. Some measurable progress has been made: women who worked year-round and full-time in 2021 earned 84 cents to their male counterparts’ dollar, up from only 59 cents in 1963, for example. ...