US Department of Labor releases research on continued economic effects of job segregation, pay disparities on Black, Hispanic women
Written by Black Hot Fire Network on March 15, 2024
‘Bearing the Cost’ research shows gender, racial wage gap costs billions annually
WASHINGTON – New research released today by the U.S. Department of Labor reveals that Black women lost $42.7 billion in wages compared to white men in 2023, and Hispanic women lost $53.3 billion in wages. These losses are driven entirely by the fact that Black and Hispanic women are concentrated disproportionately in jobs that, on average, pay lower wages than those held by white men.