Congratulations, sisters, we've finally reached that day in the year when we've caught up to what our brothers earned last year. Now we can start trying to catch up on this year.
Yup, since we earn on average 78 cents for every dollar a man earns, it takes us several months extra to earn what a man earns every year, putting us farther and farther behind. And then there are those raises that are based on what we're currently earning. Goes a long way toward explaining why so many women are in poverty and especially why so many old women are poor.
But sorry, if you're a single mother, you've got a few more months of catchup, since you only earn 60 cents on a man's dollar.
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