Study: Gender Wage Gap Costs New Mexico’s Women More Than $2.3 Billion Per Year

STATE News:
 
WASHINGTON, D.C. ― On average, New Mexico women employed full time, year round are paid just 78 cents for every dollar paid to men – a yearly pay gap of $9,088.
 
That means, in total, women in New Mexico lose more than $2.3 billion every year, which is money that could strengthen the state economy and the financial security of New Mexico’s women and families, including the nearly 107,000 New Mexico households headed by women. These are some of the findings of a new analysis conducted by the National Partnership for Women & Families and released for Equal Pay Day today.
 
The analysis spans all 50 states, all 435 congressional districts in the country, and the District of Columbia. It can be found here. The full set of findings for New Mexico is available here. These findings include that, for every dollar paid to white, non-Hispanic men in New Mexico, Latinas who work full time, year round are paid 55 cents.
“This analysis is a sobering reminder of the serious harm the wage gap causes women and families all across the country,” Debra L. Ness, president of the National Partnership said. “At a time when women’s wages are so critical to the economic well-being of families, the country is counting on lawmakers to work together to advance the fair and family friendly workplace policies that would promote equal pay. There is no time to waste.”

According to the new analysis, if the gap between women’s and men’s wages in New Mexico were eliminated, each woman who holds a full-time, year-round job in the state could afford to buy food for 1.3 more years, pay for mortgage and utilities for eight more months, or pay rent for nearly 12 more months.
 

Basic necessities like these would be particularly important for the 37 percent of New Mexico’s woman-headed households currently living below the poverty level.
New Mexico is not the only state with a wage gap. In fact, every state and 98 percent of the country’s congressional districts have one. The National Partnership’s national analysis finds that the 10 states with the largest cents-on-the-dollar wage gaps in the country – from largest to smallest – are Louisiana, Utah, Wyoming, West Virginia, North Dakota, Alabama, Idaho, Oklahoma, Montana and Michigan. A ranking of all 50 states and the District of Columbia can be found here.

Nationally, women who are employed full time, year round are paid, on average, 79 cents for every dollar paid to men. The gap is larger for African American women and Latinas who are paid 60 cents and 55 cents, respectively, for every dollar paid to white, non-Hispanic men. For Asian women in the United States, the gap is smaller but persists. On average, Asian women are paid 84 cents for every dollar paid to white, non-Hispanic men, although some ethnic subgroups fare much worse.

“It is unacceptable that the wage gap has persisted, punishing the country’s women and families for decades,” Ness continued. “Some state lawmakers have taken steps to address the issue by passing legislation to combat discriminatory pay practices and provide other workplace supports. It is past
time for federal lawmakers to do the same. We need Congress to pass the Paycheck Fairness Act, which is a common sense proposal that has languished for much too long.”

Currently before Congress, the Paycheck Fairness Act would close loopholes in the Equal Pay Act, help to break patterns of pay discrimination, and establish stronger workplace protections for women. The National Partnership argues that the bill, along with other supportive policies – such as paid sick days, paid family and medical leave, minimum wage increases, fair scheduling and protections for pregnant workers – are what is needed to close the gap and should be top priorities for lawmakers.

The National Partnership’s analysis of the wage gap was released in advance of Equal Pay Day on Tuesday – which marks how far into the new year women must work in order to catch up with what men were paid the year before. The analysis uses data from the U.S. Census Bureau. The findings for each state, along with state rankings, are available here.

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