Latinas earn $0.55 for every dollar paid to White men, a pay gap that has barely moved in 30 years

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Latinas earn $0.55 for every dollar paid to White men, a pay gap that has barely moved in 30 years. (via CNBCMakeIt)

Alistair Berg | DigitalVision | Getty Images

When translated into a dollar amount, Latinas today earn, on average, just $0.55 for every dollar earned by White men, leaving them with a pay gap that surpasses that of women in all other racial groups. Over the course of a 40-year career, it's estimated that Latinas stand to lose $1,163,920 due to the wage gap, according to data from the.

"I feel like there's a lot of gaming the system in that way," Tucker adds. "[Companies] are like, 'Oh well, we're paying them the minimum wage. We're paying them a living wage.'" But, she says, "when you're doing the bare minimum, and then you're also faster promoting White men into C-suite positions" then you're not really making progress.

Tucker explains that the longstanding pay disparities Latinas face have only been exacerbated by the Covid-19 crisis, withworking a front-line job today, but still being underpaid for their work.

 

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MakeIt This report doesn’t specify whether all the workers were paid legally or “off the books.”

MakeIt Trump cares.

MakeIt What are the figures for Chinese and Indian workers who face more racism because of their colour and religions

MakeIt How many Latinos work at CNBC and why are they paying you less?

MakeIt What do you expect janitors to make 6 figures?

MakeIt They're not 'losing' money, they're failing to earn it. Pretty big difference, unless I can start claiming that I'm 'losing' billions by not being the CEO of Microsoft.

MakeIt Not where I live, no

MakeIt Latinas?

MakeIt CNBC you are better than this. You know you have to control for job type, level, and experience to make that kind of comparison. The article itself says it was only controlled for job type, making this an invalid comparison.

BlackboardLover MakeIt Teachers have let the Hispanic community down.

MakeIt The Latin culture is set up this way on purpose. The men are the ones that stay at work late, women take care of the kids and the house. Men get the better jobs while women purposely get the less stressful jobs. This is just what we do. We have a family structure that works.

MakeIt So what do you think should be done lefty? How about we just claw back .45% of the “White Man” and let’s just give it to them Is that the point you want to make?

MakeIt I hope to see some CNBC employees give up their salaries and give to Latinos

MakeIt Is that in the same company , same job, same level of skill ? If that’s the case sue , make a lot of money.

MakeIt Was JLo part of this survey?

MakeIt False figures.Every job I have worked in public sector has women in the same seniority band as men and the pay is the same.

MakeIt Fire the journalist/editor that came up with this doozy. Imagine thinking people are so stupid to believe this in 2020. Lol wait maybe the latinas are dumb as shit that's why they're only earning .55 on 1.00

MakeIt On Thursday, a DOJ official confirmed the FBI there is an 'operand active' criminal investigation into Hunter Biden and his associates on allegations of money-laundering.

MakeIt Who cares!

MakeIt That is a travesty! Can you guys tell us which companies are paying latina women 55% of the salary of white men for doing the same job with the same job experience so we know who to protest against?

MakeIt Probably not doing the same job then.

MakeIt Joe Biden be the whole time

MakeIt Stick to Business News not politics!

MakeIt Who are inciting hatred? The media! For how long? 30 years!

MakeIt CNBC is marching towards socialism. CNBC speaks for the CCP because it cares about money

MakeIt They should go on strike💪LLM

MakeIt Why not compare them to someone other than whites 👇🏾

MakeIt How much does this shrink once you remove Jeff Bezos and the other 1%.

MakeIt Don't more Latinas believe in a more traditional family style ie stay at home with the kids.

MakeIt Do coloured men earn more than women in general whichever their skin colour?

MakeIt Seems like the real point is Latinas on average work in lower paid position than white men? Not that they get paid less for the same thing?

MakeIt All the white people that work for should give up their jobs to Latinos. Starting with the obviously lilly white liberals that wrote this garbage.

MakeIt Just wait. They are fast becoming majority race. Drug wars are so ugly compared to convenience store stick ups.

MakeIt This disparity has to be measured against education, experience, knowledge and skill. You can’t simply throw out a number without data to support it. Apples to apples.

MakeIt For the same jobs? And same locations? Are you comparing a Latina in Ohio vs a white mail in Manhattan? Stop tripping over yourselves at the chance of criticizing white men. Slow down, examine the data, and think first.

MakeIt So all Latinas in your company should immediately ask for a raise?

MakeIt Could other variables be present?

MakeIt The only factual pay differences are when pay is negotiated; such as in top tier positions. Working on a line I get paid the same as the other line workers.

MakeIt Go to hear both sides

MakeIt Oh please. My cleaning lady only takes cash. They aren’t victims of a gender gap they are just smart

MakeIt You mean JoeBiden didn't fix that Say it aint so Joe!!

MakeIt Identity politics is racism. Adolf Hitter was a Democrat.

MakeIt I have a great business idea. I’ll only hire Latinos and pay them $.55 instead of $1 and save thousands on payroll. OH WAIT I CANT BECAUSE THATS DISCRIMINATION AND ALREADY ILLEGAL

MakeIt What?...CNBC is obsessed...Cheers!!!...

MakeIt Their fault lmao

MakeIt Reaganomics. 🤫🤫🤫GOPEspanol

MakeIt

MakeIt Bigger Gap between Latinas and Asian men. Guess that doesn't fit the narrative.

MakeIt Given the opportunity Trump will narrow the gap, he will put our citizens to work.

MakeIt For doing the exact same jobs for the same length of time?

MakeIt Why is everything always compared to “white men?”

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