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What’s going on: Based on median annual earnings of all year-round workers who usually work 35 or more hours per week, women make 80 cents on the dollar, or 80%, of what men make. households in the Current Population Survey’s Annual Social and Economic Supplement (CPS ASEC).
Although this figure does not account for differences in type of work, it is useful for comparing the magnitude of the gender pay gap over long periods of time. This survey gathers information about earnings among full-time, year-round workers over the age of 15.
It is the result of dividing median female annual earnings (,742 in 2015) by median male annual earnings (,212). Around that time, the gender pay gap began to shrink at a much faster rate, narrowing by a substantial nine cents in the ’80s.
For decades, the gender pay gap has been expressed as cents to the dollar—a way to represent women’s wages relative to men’s. If that doesn’t sound like much progress, that’s because the ratio of women’s to men’s earnings cleared 70 cents back in 1990.
The bad news is that it was 80 cents to the dollar.
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