WASHINGTON: President Joe Biden is making the case Wednesday that the pay disparity between men and women has hurt the economy, bringing members of the U.S. womens national soccer team to the White House to help set new goals for equality.
Wednesday marked Equal Pay Day which is how far into the year women must work on average to make up the pay disparity between what men and women earned the prior year. The Census Bureau estimates that a woman working full-time would earn about 82 cents for each dollar paid to a man.
Biden and his wife, Jill, will host a roundtable with Margaret Purce and Megan Rapinoe of the U.S. womens national soccer team, which most recently won the World’s Cup in 2019 and has challenged the U.S. Soccer Federation over wage discrimination.
Its really amazing,” Rapinoe said ahead of the meeting. “Both of us feel honored to even be invited and continue the fight that weve had for a long time.
The pay gap impacts the entire economy in ways that exacerbate other issues such as racial inequality. The National Women’s Law Center found that Black women earn just 63 cents for a dollar paid to a non-Hispanic white man, while Hispanic women make only 55 cents. That difference translates into a loss of roughly $1 million in income over a lifetime.
These arent simply womens issues, Cecilia Rouse, chair of the White House Council of Economic Advisers, said at Wednesday’s press briefing. They affect all families, the ability of our economy to recover, and our nations competitiveness.
The Biden administration is pushing several policies to help narrow the gap. It backs the Paycheck Fairness Protection Act, which would enhance a 1963 law by improving employer’s transparency on wages, require employers to show that any discrepancies are because of job qualifications and prevent employers from retaliating against workers who express concerns about pay disparities.
The administration also supports paid family leave and greater access to child care. A February research paper from the San Francisco Federal Reserve found that the pandemic caused mothers to disproportionately leave the job market, as many lacked in-class school and child care options. The paper noted that a flexible work schedule would likely make life easier for mothers with jobs.
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