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Wage Gap

All articles tagged with #wage gap

social-issues2 years ago

"Unveiling the Obesity Pay Gap: How Weight Impacts Earnings in White Collar Jobs"

Obese individuals in white collar jobs, particularly women, earn significantly less than their slimmer counterparts, according to an analysis of US Bureau of Labor Statistics. Obese men with a college degree and a BMI over 30 earned 5% less than their healthy-weight peers, while obese women with higher education made 12% less. The study suggests a "fat prejudice" exists in corporate America, resulting in billions of dollars in lost earnings for obese individuals. However, the opposite was found in blue collar jobs, where obese employees were better paid. The wage gap varied across industries, with healthcare and management roles showing lower pay for obese workers, while construction and agriculture saw higher pay. The study highlights the need for laws prohibiting employment discrimination based on weight.

via Daily Mail|
#bmi#discrimination#employment
finance-and-economics2 years ago

Unveiling the Alarming Reality of the Obesity Pay Gap

Studies have shown that obese workers earn significantly less than their slimmer counterparts, and a recent report suggests that it is primarily women who experience the obesity wage penalty. However, an analysis of data from the American Time Use Survey and the Department of Health and Human Services reveals that both men and women with higher levels of education are penalized for their weight, with the penalty increasing as education level rises. The wage gap is most pronounced in high-skilled jobs. The aggregate costs of wage discrimination for overweight workers in America are estimated to be around $70 billion per year. While some cities and states have implemented bans on weight-based discrimination, the effectiveness of such measures remains uncertain.

via Yahoo Finance|
#discrimination#education#finance-and-economics
social-issues2 years ago

Icelandic Women Unite: Striking for Gender Equality and Closing the Pay Gap

Women in Iceland, including the prime minister, are set to go on strike for the seventh time to protest gender inequality. The strike, known as the "Women's Day Off," aims to raise awareness about wage discrimination and gender-based violence faced by women in Iceland. The strike has the support of various organizations and unions, and men are encouraged to take on additional responsibilities to support the strike. The Icelandic government is also focusing on researching the wage disparity between male-dominated and female-dominated professions.

via CNN|
#gender-equality#iceland#social-issues
social-issues2 years ago

Closing the Wage Gap: Empowering Latinas to Take Charge and Reclaim $1.2 Million

Latina women working full time, year-round earn 57 cents for every dollar paid to white, non-Hispanic men, resulting in a loss of $1.2 million over a 40-year career. The wage gap widens to 52 cents when part-time and part-year workers are included. Latinas from certain communities, such as Honduran, Guatemalan, and Salvadoran women, face even greater disparities. Factors contributing to lost wages include disproportionate representation in low-paid occupations and limited opportunities for advancement despite education. Companies are urged to conduct pay equity analyses and disclose results to address the pay gap.

via CNBC|
#economic-inequality#latina-women#pay-disparity
economy2 years ago

US Latino Economic Output Surpasses $3 Trillion, Ranks 5th Largest Globally

The U.S. Latino economy has reached $3.2 trillion in 2021, growing two and a half times faster than the non-Latino economy over the past decade, according to a report by the Latino Donor Collaborative. If Latinos were an independent country, their GDP would rank fifth in the world. The Latino community's economic impact is particularly strong in California, Texas, and Florida. Despite the growth, a wage gap persists, with Latino workers earning 80 cents for every $1 earned by white non-Hispanic employees. Latinos' purchasing power in the U.S. reached $3.4 trillion in 2021, growing faster than their non-Latino counterparts.

via CNBC|
#economic-growth#economy#gdp