Oxfam America’s Post

💰 In Louisiana, Black and Latina women earn only half the earnings of white men, emphasizing the urgent need to address the gender and racial wage gap that perpetuates economic disparities. While income and earnings are distinct from wealth, they impact the ability to access wealth-building opportunities critical for economic stability, such as homeownership. At HOPE, we understand that we can pave the way for economic mobility and a more inclusive society by dismantling systemic barriers, promoting fair lending practices, and expanding access to affordable housing. In our latest blog, Senior Policy Analyst Sara Miller explores the intricate relationship between the wage gap, #homeownership, and economic mobility. Learn more ➡️ https://ow.ly/oRAX50QSylY #FinancialInclusion #RacialWealthGap #WomensHistoryMonth #EconomicJustice

I'm proud to share that @PolicyLink's Corporate Racial Equity work is featured in a recent Vox video addressing the racial wage and wealth gaps. Despite America's GDP soaring from $1.4 trillion in 1973 to $26.2 trillion today, the wage gap between White Americans and people of color remains stubbornly wide, impacting the 106 million Americans  — nearly a third of the nation — who are living below the federal poverty level. At PolicyLink in partnership with @FSG and @JustCapital, we are committed to closing this gap. By collaborating with business leaders, workers, investors, community leaders, academics, public leaders, and many others to build a future where all businesses are contributing to making this positive future a reality. Together, we are working towards building a future where everyone can participate fairly in our economy and democracy and access what they need to thrive. #RacialEquity #EconomicJustice #InclusiveEconomy Learn more about our efforts and join us in making a difference: https://lnkd.in/gPG6RrQv

In Canada, Black women face significant wage disparities compared to white men, rooted in structural discrimination. Employers must adopt fair compensation practices, including audits and transparency, while policymakers should enact laws to combat wage discrimination. Raising awareness and advocating for pay equity is crucial for building a more just society where all individuals are fairly compensated for their contributions. Have a look at our Race and Gender in the Workplace Backgrounder to learn more:https://lnkd.in/g6bmJ8gi

Tired of tipping? We're tired of the tipped wage and the inequality and poverty that it perpetuates, and explain why in a new blog post featuring data from the Economic Policy Institute. We also want to highlight its intersection with the child labor bills currently up for vote in Indiana--the Bureau of Labor Statistics notes that 25% of youth workers aged 16-24 work in the hospitality and leisure sector, one predominantly composed of individuals relying on tipped wages. This puts young workers in a particularly precarious position, as tipping already perpetuates power imbalances faced by female Hoosiers and Hoosiers of Color. While we ultimately need a removal of the tipped wage to undo this inequality, our current action focuses on stopping the passage of HB 1093, which would increase opportunities to exploit youth workers. Read more at https://lnkd.in/esndJdkQ #waitress #waiter #serviceindustry #tip #tips #tippedwage #Indiana #Hoosiers #Indianapolis

🌺 Native American and Indigenous women, like many minority groups, often face economic disparities, including lower wages for the same work. These disparities can lead to financial struggles, making it harder to manage debts and avoid bankruptcy, especially when faced with unexpected expenses or medical bills. 💸 🤝 Addressing these disparities, advocating for financial equality, and promoting financial education are essential steps in reducing the financial vulnerabilities faced by Native American and Indigenous women and preventing bankruptcy in their communities. Let's work together to create a more equitable and inclusive society. 🌎 #FinancialEquality #NativeAmericanWomen #BankruptcyPrevention #NativeWomensEqualPay #EqualPayForNativeWomen #WageJustice #NativeWomenAtWork #CloseThePayGap #MillerMillerLaw

Since Taraji P. Henson has us focusing on pay equity, let's hear this word from @Lynae Vanee. Across the board, Black women are often grossly underpaid for equal work. Based on Census data from 2022, the wage gap for Black women compared to non-Hispanic white men is 67 cents for full time, year-round workers and 64 cents for all workers (including part time). But when we sistas speak out about this the discussion is often met with microagressions and attempts to belittle our work. #EqualPay https://lnkd.in/gMawc3uN

‘A Race Equality Act in the first King’s Speech will serve primarily as a declaration of intent, as well as allowing an assessment of how ethnicity pay monitoring is working or not. But it must be accompanied by a race disparity focus across government to truly change Britain.’ - Runnymede Trust We have been calling for #ethnicitypaygap reporting for a few years now and it’s a topic that frequently comes up in discussions with our corporate partners. Companies are starting to think about it, with many already reporting these figures. It sends a signal that you want to reduce pay inequities and support people from all backgrounds to progress. https://lnkd.in/emMdGeXq

Income inequality remains a troubling issue, despite years of progressive and proactive approaches and legislation. All too often, workers of one particular group (usually women or people of color) are systematically underpaid across an organization. The remedy for such pay gaps is often to focus on those workers who are most underpaid. This article explains why this approach falls short and how using a structured approach to pay equity analysis will help companies not only address systematic biases, but also address the exact point of pay inequity in their salary structure.

🌺 Native American and Indigenous women, like many minority groups, often face economic disparities, including lower wages for the same work. These disparities can lead to financial struggles, making it harder to manage debts and avoid bankruptcy, especially when faced with unexpected expenses or medical bills. 💸 🤝 Addressing these disparities, advocating for financial equality, and promoting financial education are essential steps in reducing the financial vulnerabilities faced by Native American and Indigenous women and preventing bankruptcy in their communities. Let's work together to create a more equitable and inclusive society. 🌎 #FinancialEquality #NativeAmericanWomen #BankruptcyPrevention #NativeWomensEqualPay #EqualPayForNativeWomen #WageJustice #NativeWomenAtWork #CloseThePayGap #MillerMillerLaw

As we close out Women’s History Month, this is your reminder that progress on the wage gap between men and women has actually slowed in recent years in the U.S. In fact, most progress on women’s wages happened between 30 and 40 years ago. Between 1982 and 2002 the gap between men and women’s wages increased, on average, from 65 to 80 cents on the dollar. But since 2002, women’s wages on average have only moved two cents – to 82 cents on the dollar! In some cases, women in North Carolina have fared a little better, but there is work to be done. 'State of Working Women 2023,' explores the wage gap, as well as unpaid caregiving, the caregiving economy, discrimination in the workforce, and more. Stay informed: https://lnkd.in/ebZ3_U_N