Women make less than men thanks to a number of reasons. Overall, they make 80 percent of what men make, on average, when they work full time throughout the year.
But that figure isn’t true for all women. Black and Hispanic women experience far larger wage gaps when compared to what white men earn.
On average, while white women make about 75 percent of white men’s earnings, black women make just 63 percent and Hispanic women only make 54 percent.
The gender wage gap has closed over the years, albeit very slowly. It narrowed at a steady clip in the 80s and 90s, but it hasn’t significantly budged in about a decade.
On its present trajectory, then, it will take 43 years for the gap between what men and women earn to fully close. But women of color will have to wait much longer. Black women won’t see pay parity for another 108 years, while Hispanic women will have to wait a shocking 232 years.
Women of color have to deal with both the fact that women make less than men in every industry and virtually every job, and that people of color make less than white people. The gap between black and white earnings, for instance, is the largest it has been since 1979. Education can’t erase the gaps for women, nor for black people. Women make less than men at every educational level, while black and white wage gaps by educational level have actually been growing.