The Amount of Money You’d Lose Over Your Career Because of the Wage Gap Is Straight Up INSANE
Let’s talk about the wage gap, y’all. It’s real and it sucks. Celebrities like Jennifer Lawrence and Charlize Theron have helped bring the issue to light over recent months. The POTUS has even recently commented on the issue and noted that it needs to be addressed and amended. And while the wheels are beginning to turn, we’re still a long way from offering up totally equal pay between sexes. However, after discovering just how much money you might lose because of the wage gap over the course of you career, we’re guessing you’ll be advocating for a change sooner rather than later.
Based on today’s wage gap, women would lose a whopping $430,480 over the course of a 40-year career. For Latinas those losses would come to $1,007,080 and for African American, women the total comes out to $877,480. We’ll give you a minute to really process those numbers.
The National Women’s Law Center has calculated these shocking totals and has even created an interactive map of the US that will show you where your state falls in regards to a lifetime wage gap total. In California, women are expected to lose $322, 120 over the course of their career. In New York it’s slightly lower at $271, 960. However in states like Louisiana, Utah and Wyoming the sum is appalling high coming in well over the $600,000 mark in all three places. It should also be mentioned that in every state the gap is currently almost twice as high for minorities.
Okay ladies, who else has their picket signs ready? It’s time to make some serious moves.
What has your experience been with the wage gap? Share with us on Twitter @britandco.
(Photo via Getty)