Financial facts about Women’s Day

Financial facts about Women’s Day

In 1909, the Socialist Party of America organized a National Women’s Day march on the streets of New York because they wanted better pay, fewer work hours and the right to vote.

In 2009, 100 years later, Congress passed the Lilly Ledbetter Fair Pay Act. The act allowed employees to file pay discrimination complaints against sex-based wage discrimination.

Statistics show that White women made 77 percent of what White men did while Black and Hispanic women made as low as 60.8 percent and 53 percent.

The Global Gender Gap Report predicts it will take 99.5 years to reach gender parity

Coronavirus set financial gender equality back. Almost 55 percent of the 9.8 million jobs that were lost since February 2020 were held by women.

Yes, we’ve made great strides toward economic equality, but we still have a long way to go!