Yesterday marked the number of days more a woman has to work past December 31 in order to make the same as the average man did in the previous year. This day has been given a sort of holiday status, called Equal Pay Day, in order to raise awareness about the gender pay gap and the persisting problem.
According to The Institute for Women’s Policy Research, statistically a woman who started working at 25 and who is now currently 29 years old has lost approximately $18,245 due to the gender pay gap. They also report that the gap has a tendency to be worse with higher levels of education. “Today a woman with a college degree who’s been working for 35 years has lost $797,238 over the course of her career to unequal pay.”
For reasons just like these Equal Pay Day remains important. In honor of the sort-of-holiday CNNMoney released the following video displaying five facts about women in today’s workforce.