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Paula talks about the gender wage gap and shares various data points, such as women in the U.S. earn a median of 83 cents for every dollar men make. She points out that the wage gap has narrowed over time but has stalled or widened in recent years. Factors contributing to the gap include caregiving duties, gender discrimination, and occupational segregation. She shares the ways that the wage gap has a direct effect on lifetime earnings, retirement savings, and poverty levels. Paula suggests themes such as self-advocacy, mentorship, and sponsorship to help close the gap and equip women with the necessary tools to rise.
In this episode, you will hear:
+ explanation of median wage gap
+ factors influencing the gender wage gap
+ data in 2024-2025
+ impact of the wage gap on women and families
+ advocacy and solutions for closing the gender wage gap

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