Black Women's Equal Pay Day: What You Need To Know August 7 is Black Women's Equal Pay Day.
It's important to note that while all women typically make less on the dollar than men,
black women make even less. According to a study by the
Institute for Women's Policy Research,
black women make 38% less than white
men and 21% less than white women. It takes a black women roughly
19 months to make what a white
man would make in 12 months. According to the National Women's
Law Center, black women are
earning $850,000 less than men's median
annual earnings over a 40 year career. The widening gap means less money for the households where 80% of black mothers are the financial breadwinners, according to the National Partnership for Women & Families. Sheryl Sandberg, COO at Facebook, via 'Fortune' According to Survey Monkey, one-third
of Americans are unaware of the
pay gap between men and women, and half of Americans are unaware of the
pay gap between black and white women. Marc H. Morial, president and CEO of the National Urban League, via 'Fortune'