Recognizing Latina Pay Gap and Reaffirming Support for Equal Pay.
This Congressional resolution formally acknowledges the significant wage disparity faced by Latina women compared to White, non-Hispanic men. The document highlights that Latina women earn, on average, 58 cents for every dollar paid to men, resulting in potential lifetime earnings losses exceeding $1.2 million. Congress reaffirms its commitment to achieving equal pay and closing this gap, emphasizing its importance for family financial stability and the national economy.
Key points
The resolution formally recognizes the economic impact of the wage gap, noting that Latina women lose over $1.2 million in potential earnings over a 40-year career.
It stresses that closing the gap could provide funds for nearly 3 years of childcare or over 16 months of mortgage payments for the average Latina woman.
Congress reaffirms its support for existing laws aimed at ensuring equal pay for equal work, such as the Equal Pay Act of 1963.
Status:
Expired
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