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Norris, 463 U.S. 1073 (1983) The Equal Pay Act of 1963 is a United States labor law amending the Fair Labor Standards Act, aimed at abolishing wage disparity based on sex (see gender pay gap ). It was signed into law on June 10, 1963, by John F. Kennedy as part of his New Frontier Program. [ 3] In passing the bill, Congress stated that sex ...
The gender pay gap or gender wage gap is the average difference between the remuneration for men and women who are working. Women are generally found to be paid less than men. There are two distinct numbers regarding the pay gap: non-adjusted versus adjusted pay gap.
The usual pattern whereby men assign themselves more pay than women for comparable work might explain why men tend to initiate negotiations more than women. [172] In a study by psychologist Melissa Williams et al., published in 2010, study participants were given pairs of male and female first names, and asked to estimate their salaries.
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By 1990, more than $2,000,000 (~$4.12 million in 2023) had accumulated in Franklin's Philadelphia trust, which had loaned the money to local residents. From 1940 to 1990, the money was used mostly for mortgage loans.
In the first decade of the twenty-first century, the wage gap has fluctuated in terms of the ratio between black and white wages: 67.7 percent in 2000, 64.0 percent in 2005, 67.5 percent in 2008, and 64.5 percent in 2009. [16] The absolute difference in black and white wages, however, has decreased over this period.
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