An analysis by the Center for American Progress reveals that women may not achieve full pay equality with men until at least 2056, 93 years after the passage of the Equal Pay Act. While the gender wage gap has been narrowing, women of color face an even larger gap with full-time working Latina and Black women earning 57 and 67 cents respectively for every dollar brought in by their White male counterparts.
Census data suggests that factors such as unconscious biases, overrepresentation of women in lower-paying jobs, and the increase as women age contribute to the gap. Furthermore, women have lost approximately $61 trillion in the 60 years since the Act was passed. However, progress has been made towards pay equality through laws such as the Equal Pay Act and recent salary transparency laws, increased attention to the issue, and a shift in social norms.