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Equal Pay Day flag flying on March 21, 2014 in Alsbach, Germany . Equal Pay Day is the symbolic day dedicated to raising awareness of the gender pay gap.In the United States, this date symbolizes how far into the year the average median woman must work (in addition to their earnings last year) in order to have earned what the average median man had earned the entire previous year.
The results were staggering and similar to the results in Washington (there was a 20% gap between state male and female workers pay). Hay Associates proved that in the 19 years since the Equal Pay Act was passed, wage discrimination persisted and had even increased over from 1976 to 1981. [41]
The Equal Pay Act of 1963 is a United States labor law amending the Fair Labor Standards Act, aimed at abolishing wage disparity based on sex (see gender pay gap).It was signed into law on June 10, 1963, by John F. Kennedy as part of his New Frontier Program. [3]
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The revised gender pay gap was 6–8% in the years 2006–2013. [148] The Cologne Institute for Economic Research adjusted the wage gap to less than 2%. They reduced the gender pay gap from 25% to 11% by taking in account the work hours, education and the period of employment.
A December 2011 Gallup poll found a decline in the number of Americans who rated reducing the gap in income and wealth between the rich and the poor as extremely or very important (21 percent of Republicans, 43 percent of independents, and 72 percent of Democrats). [191] Only 45% see the gap as in need of fixing, while 52% do not.
The wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating a new wave of class tension and resentment, according to a recent study. The new ...
Across the two and half years of the war, 1812–1815, the federal government took in more money than it spent. Cash out was $119.5 million, cash in was $154.0 million. [101]: 77, 79 Two-thirds of the income was borrowed and had to be paid back in later years; the national debt went from $56.0 million in 1812 to $127.3 million in 1815.