Nevada’s 2024 Gender Wage Gap Better Than Most Other States
As a working woman in Nevada, it’s hard to hear that the gender wage gap is still alive and well in 2024. But that’s the reality. The good news, though, is twofold. The nationwide gender wage gap is smaller than it was a year ago. And the gap is lower in Nevada than most other states in the country.
The 2024 Gender Wage Gap Compared To 2023
In March of 2023, women were earning 77 cents for every dollar that a white man made, 19thnews.org reported. This year, a study by Market Watch indicates that the gap has gotten a little narrower. With women earning 82 cents for every dollar that a white man in the same position makes.
Women Require More Education For The Same Pay
While the shrinking of the gender wage gap is a good thing, there are still factors that would still make “equal pay” not technically equal. This is due to the education that the average man and woman bring to the workplace. The U.S. Department of Labor blog reported last March that, on average, women in the workforce have more education and are more likely to complete an Associate’s, Bachelor’s or Masters degree than a man. They go on to say that “women must complete one additional degree in order to be paid the same wages as a man with less education.”
Cue the facepalm emoji.
As a working woman in Nevada who also has student loan debt, this is incredibly frustrating. This study suggests that I, a college graduate with a Bachelor’s Degree, am getting paid less than a man in the same position with the same degree. And that my pay might be on par with a man in the same position who only has an Associate’s Degree.
If all things are equal and I spend and save the same way my hypothetical male counterpart does, he’ll pay off his student loan far earlier than I. Which leads to another point that Market Watch made in their recent study. They reported that experts suggest women have to earn an extra life skill to improve their financial positions. They said that women need to “enhance their financial literacy by learning about tools such as high-yield savings accounts and CDs in order to move forward”.
It isn’t bad advice for anyone to gain such money-saving prowess. But, with the current status of the gender wage gap in our country, it’s a bonus for a man to have this skill. While more a necessity for women.
Gender Wage Gap Is Wider For Black Or Hispanic Women
And while this is all frustrating to me, I am still a white woman in the workplace. The gender wage gap is even worse for black or Hispanic women. In 2022, pewresearch.org reported that black women were making 70% of their white male counterpart’s pay. And Hispanic women, per the same study, were making 63% of their white male counterpart’s pay.
The question is, why? There is no logical reason behind this unequal pay. So why is it still happening? The same Department of Labor blog suggested that the reason is partly because of what jobs many women are willing to take that many men aren’t. That women are more likely than men to take jobs that are lower paying and that have fewer benefits. Is this an example of women taking what they can get in what has traditionally been “a man’s world”?
The study done by Market Watch reports that career types also serve as a factor for gender wage gaps. While jobs in the legal profession have the largest wage gap, those in the community and social services have the smallest. And it was suggested that women are more likely to take a job in social services, or any other career that involves caretaking.
The 2024 Gender Wage Gap In Nevada Compared To Other States
While the gap is still very much present in Nevada this year, we are actually doing pretty well compared to other states. The study done by Market Watch ranked the Silver State as having the fifth smallest gender wage gap in the country.
Related: Local Nonprofit Helping Las Vegas Women Get Back Into The Workplace
Using data from the U.S. Census Bureau, Market Watch determined that the wage gap between men and women in Nevada is currently 15.46%. That puts us behind only New York, California, Vermont and Puerto Rico. Which have a current wage gap of 14.23%, 13.34%, 11.97% and -2.47%, respectively. Puerto Rico is the only place in the country where women actually earn more than their male counterparts, according to marketwatch.com.
There is something that makes the gender wage gap in Nevada even more discouraging. The Badger Institute recently took data from the 2022 U.S. Census Bureau regarding single-parent households. And they reported that in 2022, Nevada had 20,003 single fathers who were providing for children under 18. The same year in Nevada saw 60,736 households run by single mothers. So even though there are more women in Nevada than men who are singlehandedly running a household, they’re typically doing in on a smaller paycheck.
Yes, the gender wage gap in Nevada is getting better every year and is better than most other states. But it’s still a head-scratcher that the gap still exists at all, over 60 years after the Equal Pay Act of 1963 was signed.
Waiting On The World To Change Might Not Be The Answer
I don’t earn anywhere near what we recently reported to be the ideal salary for Las Vegas living. Still, any time I’ve been paid less than a man in my current position isn’t because I’m a woman. It’s because I didn’t know, or fight for, what I was worth. Now, ten years after my hire date, I know I’ve proven myself to be a valuable asset. And have been able to negotiate a salary that is befitting my worth in the company.
So maybe the gender wage gap exists not because employers don’t see a woman’s worth in the workplace. Perhaps it’s that we don’t see our own.
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