No Images? Click here No women were in the running to succeed Goldman Sachs CEO Lloyd Blankfein. This isn't a gap. It's a black hole.Yesterday was Equal Pay Day in the U.S., the day women finally "catch up" in earnings to what men made in 2017. Hot takes on the gender pay gap rained down upon the internet, washing the trolls out from their muddy little burrows to declare it a "myth" that men make more than women.No. Not a myth. There is plenty of hard data and research on the pay gap that you can sort through, if you need to be convinced of basic economic reality. I am not here to rehash any of it. Check at this from the AAUW, or the IWPR or Harvard or this great blog from HuffPost contributor Bryce Covert. I published my own take, looking at some interesting data out of the UK where companies are now required to report gender pay stats. The numbers are bleak af. At the UK outpost of Goldman Sachs, for example, women earn 55.5 percent less than men. A simple reason: the glass ceiling. Companies like Goldman aren't putting women into the best-paying roles, so women make less than men. Until women break through that barrier, we won't be seeing true equality. We could've learned similar things about companies in the U.S., but the Trump administration killed a plan to require businesses to report gender pay data. Fun fact! You can follow me on Twitter @EmilyRPeck Here's what else you need to knowHuffPost is now a part of Oath and a part of Verizon. On May 25th 2018 we will be introducing a new Oath Privacy Policy which will explain how your data is used and shared. Learn More.The reality of being a woman — by the numbers. Like what you see? Share it with a friend. Did someone forward this email? Subscribe here. Can't get enough? Check out The Good Life.©2018 HuffPost | 770 Broadway, New York, NY 10003 |
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