November 13, 2023
At Sequin, we were stunned by the findings of Equality Can’t Wait: that gender equality is 206 years away. If you haven’t seen the star-studded video starring Melinda Gates and some of our favorite comedians, check it out here. Re-watching it two years later, and amidst a pandemic that has disproportionately affected women, is a stark and somber reminder that we are unlikely to see the type of gender equality we are all working for in our lifetimes — unless something changes.
Here at Sequin Headquarters, we have been studying the many threats to women’s financial equality. To bring you up to speed, here are some statistics that blew our minds:
At every turn, women are far more disadvantaged than men financially and these numbers are even bleaker if you’re a black woman or a woman of color. For example, while women on average make $0.82 for every $1.00 that men make, according to U.S. census data analyzed by the American Association of University Women, Asian women make $0.87, white women make $0.79, black women make $0.63, Native American women make $0.60, and Latinx women make $0.55.
There’s no doubt that we’re far from the gender equity that we want to achieve if things continue the way that they have.
What actions can we each take to stop this course of action in its tracks and get to gender equality FASTER?
Educate yourself and others on the state of the problem:
Exercise your purchasing power:
Close the pay gap within your workplace:
Grow your wealth and avoid being a victim by being smart about your own money:
What else can we do to move the needle for women?
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