Economics

Women in America Are Closing Pay Gap as Ratio Hits Record

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Women are grabbing a larger piece of the pie as the median weekly earnings of the nation’s 104.5 million full-time wage and salary workers surpassed $1,000 for the first time. The figure for women rose to $913 in the second quarter, or 84% of men’s $1,087 weekly pay -- the smallest gap in records going back to 1979. The gains were led by Black women, whose earnings ratio to men narrowed to almost 94%.