A new report by the Center for American Progress finds that the gender wage gap is more pronounced for African American women than is the case for women of other racial/ethnic groups.
According to the U.S. Census Bureau, in 2018 women earned 82 cents for every dollar earned by men. This calculation is the ratio of median annual earnings for women working full time, year round to those of their male counterparts. Collectively, more than 55 million full-time working women earned an estimated $545.7 billion less than their male counterparts.
But when we break these figures down by racial and ethnic group, starling differences are exposed. For example, Asian American women earn 90 cents for every dollar earned by White men. White women earn 79 percent of what is earned by White men. But African American women earn only 62 cents to the dollar compared to the earnings of White men.
If we look at the total number of dollars earned, we find that in 2018 White women earned $13,186 less than White men. Black women earned on average $23,540 less in 2018 than White men. If we project how this annual wage gap affects lifetime earnings, we find that over the course of a 40-year career, Black women will earn $941,000 less than White men.