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Gender Pay Gap in US Narrowed to Smallest on Record Last Year

 


The earnings gap between American women and men narrowed to the smallest on record in 2023, the Bureau of Labor Statistics reported Thursday.

Median weekly earnings for women were $1,031 last year, or 83.8% of the typical amount that men were paid, according to the BLS data.

Gender Earnings Ratio

Women's median weekly earnings as a share of men's

Source: Bureau of Labor Statistics

The gender pay gap varied widely by race and ethnicity. Black women earned close to 94% of Black men’s pay, while the equivalent figure for White women and men was 84.1%, and for Asian women and men 78.3%.

Overall, median weekly earnings among the nation’s 121.3 million full-time wage and salary workers were $1,142 last quarter — an increase of 5.4% from a year earlier without adjustment for inflation.

Full-time workers age 25 and over without a high-school diploma had median weekly earnings of $713, compared with $917 for high-school graduates and $1,608 for those holding at least a bachelor’s degree, according to the BLS. Among college graduates with advanced degrees, the highest-earning 10% of male workers made at least $4,623 per week, compared with $3,443 for women in the equivalent group.

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