America's gender pay gap has shrunk to an all-time low, data shows
CBSN
The pay gap between what U.S. women with a full-time job earn compared with their male peers is now the smallest on record, according to the Labor Department.
Women now make 84 cents for every $1 men earn for similar work, with a median weekly paycheck of $1,001 for female workers compared to $1,185 for men, federal data shows. Although that suggests women continue to face obstacles in the workplace, the latest figures also point to a measure of progress — a decade ago, on average women nationwide earned 78% of men's earnings. And when the U.S. government first started tracking pay by gender in 1979, the average working woman made 62% of what men in similar jobs earned.
Several factors are helping to reduce the gender pay gap, Julia Pollak, chief economist at ZipRecruiter, told CBS News.
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