Gender Pay Gap Research Paper

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Pages: 3

Elena Esquibel Mrs. Fetter ELA 3/27/24 The Positive Effects of Closing the Gender Pay Gap Did you know that women earn an average of 16% less than men? Even with the same job, education, experience, and hours worked, women still are not earning the same amount of money as men. If we enforced equal pay, the poverty rate would go down and the economy would increase. Equal pay would particularly affect single parent households. Since most single parent families are headed by women and many of these families are living in poverty, this would help single parent families with poverty. According to the Office of Juvenile Justice and Delinquency Prevention, Children living with only their mothers in 2021 were more than twice as likely to live in poverty than those living with only …show more content…
In addition to helping single parent households, closing the gender pay gap would also have a broader impact on poverty rates. If the gender pay gap was eliminated, the poverty rate would decrease significantly. This would be a positive effect for those struggling with financial issues. As stated by Status of Women Data, it says, “the poverty rate among all working women would fall from 8.2 to 4.0 percent.” The data shows that if women and men were receiving the same income, it would help with the issue of poverty. As you can see, if the gender pay gap was eliminated, the poverty rate would decrease significantly. Another benefit of closing the gender wage gap is the increase it would have on women’s earnings and the growth of each state’s economy. As demonstrated by the Status of Women in the States, If all working women in the United States aged 18 and older were paid the same as comparable men—men of the same age, level of education, and urban/rural residence, and who work the same number of hours—women’s average earnings would increase from $37,358 to $43,909 ($6,551 or 17.5 percent)