The gender wage gap isn't getting any narrower and, as a result, more women are living in poverty than should be.
That's the conclusion of a federal wage data crunch by the Institute for Women's Policy Research designed to measure the gender wage gap and, more importantly, explore its ramifications.
The institute found that the yawning 77 percent gender wage gap hasn't improved since 2002. This, despite years of discussions about it. When the institute went beyond the talking stage and began to extrapolate outcomes based on the gap, the upshot was that the gap sucks tens of billions of dollars out of the economy and traps many women and their families in poverty.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
