Strong Job Growth in October Lowers Unemployment Rate to 5 Percent: Women Gain 158,000 Jobs and Men Gain 113,000 Jobs
According to an Institute for Women’s Policy Research (IWPR) analysis of the November employment report from the U.S. Bureau of Labor Statistics (BLS), women gained 158,000 jobs and men gained 113,000 for a total of 271,000 jobs added in October. The overall unemployment rate declined to 5.0 percent in October from 5.1 percent in September.
Equal Pay Would Cut Poverty in Half for Colorado’s Working Women and Grow the State Economy
According to a new briefing paper, “The Economic Status of Women in Colorado,” released today by the Institute for Women’s Policy Research (IWPR) in partnership with the Women’s Foundation of Colorado, women in Colorado earn $10,000 per year less than their male counterparts, are 30 percent more likely to live in poverty, and are 65 percent less likely than men to own businesses.
Women Will Not See Equal Pay with Men until 2059, One Year Longer than Previously Projected
The gender wage ratio improved slightly from 77.6 percent in 2013 to 78.6 percent in 2014, which the Census Bureau reported was not statistically significant. With this insignificant improvement in the gender wage ratio, an IWPR analysis finds that, if current trends are projected forward, women will not receive equal pay until 2059. This date is one year further out from last year, indicating that the slow progress in closing the gender wage gap over the last decade may have long-term effects on women’s economic gains.
Women Gain 107,000 Jobs in August and Men Gain 66,000 Jobs
According to an Institute for Women’s Policy Research (IWPR) analysis of the September employment report from the U.S. Bureau of Labor Statistics (BLS), women gained 107,000 jobs and men gained 66,000 for a total of 173,000 jobs added in August. The overall unemployment rate decreased to 5.1 percent in August from 5.3 percent in July.
Unionized Women Earn More than Nonunionized Women in Every U.S. State
A new briefing paper released by the Institute for Women’s Policy Research (IWPR) finds that women represented by a union in the United States earn an average of $212 more per week than women in nonunion jobs. In addition, union women earn more in every state, with the size of the union wage advantage varying across states: union women in Wyoming earn $349 per week more than their nonunion counterparts in the state, while union women in the District of Columbia earn $48 more per week than D.C.’s nonunion women.