Every year NWLC and other advocacy groups mark women’s equal pay day—how far into the next year women who work full time, year round have to work to make what their male counterparts make in one year alone. Comparing all women and all men, this day usually falls in April—in 2016 the precise day is April 8th—meaning women have to work more than 15 months to make what men made in 12.
But for some groups of women, the day they reach equal pay falls much later in the year. For example, we haven’t even hit equal pay day for Latinas yet—that will come on October 30th. We and many other groups will mark the day on October 15th, the final day of Hispanic heritage month. This means Latinas who work full time, year round need to work 22 months to equal what white, non-Hispanic men make in a year (see our full analysis of Equal Pay for Latinas).
Comparing the earnings of groups of women by race and ethnicity to the earnings of white, non-Hispanic men reveals a broad spectrum of equal pay days—and shows that some women of color are particularly disadvantaged by the double burden of racism and sexism.
Even within racial groups there can be wide variation—for example, our 2014 analysis of Asian American women’s wage gap reveals that Vietnamese American women made only 56 percent of what white, non-Hispanic men made in 2013.
These wage disparities impact women’s economic security—and they really add up over time. Based on the latest wage gap data, If today’s gaps remained the same over the course of 40-year career, women would lose hundreds of thousands of dollars to the wage gap—Latinas would lose over $1 million—and that doesn’t even account for inflation.
This means Latinas would have to work 73 years to make what white, non-Hispanic men made in 40 years. And considering the wage gap hasn’t budged in nearly a decade, unless we make policy choices that would help close the wage gap, this may be exactly what we are facing.
Data notes: All figures in tables compare the median annual earnings of full time, year round women and men workers. Data are NWLC calculations from the Current Population Survey, 2015 Annual Social and Economic Supplement with the exception of the NWLC calculation for Native American women, which uses data from the 2014 American Community Survey. For more details on wage gap calculations see our FAQ About The Wage Gap. Figures are calculated in September.