The Gender Pay Gap Varies by State
It may shock you to know that the gender pay gap varies by State.
For some States, it varies widely. For instance, in Alabama the female to male earnings ratio is .75. In laymen terms, that means women earn on average 75 cents for every $1.00 men earn. That makes the gender pay gap 25 cents.
Bet you can't name the State with the smallest pay gap. It's Vermont. Women earn 93 cents for every $1.00 men earn. That makes the gap 7 cents. It's not zero, but I'll take 7 cents over 25 every day of the week and twice on Sundays.
To hear more about the gender pay gap by State, take a listen to this week's episode.
If you missed a previous episode, please take a listen. You Mom's out there will want to hear Episode 67 on The Motherhood Penalty. You’d never guess that a woman’s pay decreases when she becomes a mom. But a man's income can increase when he becomes a dad. Imagine that. For my MBAs, check out Episode 68. The data shows that women with MBAs are underpaid compared to men with MBAs. And for all my attorneys out there, you will be flabbergasted to discover that women with law degrees don’t get a pass, they get trapped in the gender pay gap too. Take a listen to Episode 69 to hear the facts and stats on that.
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