Why Equal Pay Really Matters: The Stats You Need to Know
March 1, 2024
The data on equal pay for women is appalling.

According to UN Women, "The gender pay gap stands at 20 per cent, meaning women workers earn 80 per cent of what men do." For women of colour, migrant women, those with disabilities, and women with children, the gap is even greater.

The cumulative effect of pay disparities has real, daily negative consequences for women, their families, and society, especially during crises. The widespread effects of COVID-19 have plunged up to 95 million people into extreme poverty, with one in every 10 women globally living in extreme poverty. If current trends continue, 342.4 million women and girls will be living on less than $2.15 a day by 2030."

A report from the Institute For Women’s Policy Research found that if women were paid fairly, single women’s income would rise by 13.4 percent, single mothers would earn 17 percent more, and married women’s income would increase by 6 percent. These wage increases would reduce levels of poverty for single mothers by over 50 percent. This would greatly increase the ability of women from all economic backgrounds to provide basic support to their families, including food, education, and child care.

Did you know... 


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