Report: Gender Pay Gap to Close By 2152

By:
Chris Gaetano
Published Date:
Sep 22, 2016
Pay Gap

A recent report said that, if current trends continue, it will take 136 years for women to close the gender pay gap with men, according to Bloomberg. Within the same span of time going backwards, human civilization has seen two World Wars, the Great Depression, the fall of the Ottoman Empire, the beginning and end of the Cold War, as well as the  invention of the car, the airplane, the radio, the TV, the computer, the atomic bomb, the Internet, and disco music. 

The report, compiled by the American Association of University Women, pegs the pay gap at seven percent after controlling for various factors such as the type of work women go into and number of hours worked. While trends were improving in the 80s and 90s due to higher educational achievement by women, the report said that progress has stalled over the past 15 years.

The report analyzed the wage gap on a number of different factors, one of which was industry: it found that financial managers and software developers, for example, have the widest pay gaps between men and women, though said that this effect has started to lessen as more women enter the field. 

It also found that, of all the states, New York has the most equitable pay between men and women: women in New York make 89 cents for every dollar a man makes, a marked contrast with the worst in the country, Wyoming, where women make only 64 cents per dollar a man makes. 

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