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American Working Women Finally Earn 80 Cents on a Man's Dollar

  • Female-to-male pay gap closes as men lose ground, data show
  • Women with full-time, year-round jobs see wages increase
Bloomberg business news

U.S. Women Are Closing the Gender Pay Gap

American women earned more than 80 percent as much as their male counterparts for the first time last year. The median female worker with a full-time, year-round job made 80.5 cents for every man-earned dollar in 2016, Census Bureau data showed Tuesday. That’s up from 79.6 cents in 2015 -- marking the first time the share posted a statistically significant annual increase since 2007.

Part of the gain for women has come as men lose ground. While the median female earned 2.3 percent more in 2016 than in 2007, men saw a 1.1 percent decline over that same period, in inflation-adjusted terms.