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Women Face Higher Risks of Missing Retirement Goals Amid Trump’s Tariff-induced Market Turmoil
‘Women, especially women of colour and those facing multiple forms of marginalisation, tend to have lower incomes because of pay discrimination, occupational segregation and overrepresentation in the low-paid work,’ National Women’s Law Center’s Amy Matsui said. ‘They also tend to spend more time out of the workforce because of caregiving, make up a larger share of single-parent households and are more likely to work part-time.’
Matsui added that women are overrepresented in the 40 lowest-paid jobs, which offer minimum benefits and have little scope for pay hikes. This inequality renders millions of women financially underprepared for retirement despite years of hard work.
