More than 50 years ago, President John F. Kennedy signed the Equal Pay Act of 1963 into law, which sought to abolish wage disparity based on sex. It is unfortunate that, half a century later, that disparity still exists, punishing millions of women with lower wages.
While the wage disparity has improved over time, the fact that it is still prevalent in business is antithetical to the progress this country should have made over the years. According to a study done by Comptroller Scott Stringer, in New York City, women under the age of 35 now make nearly 96 cents on the dollar compared to their male counterparts. This statistic is a stunning difference to the 78 cents on the dollar women over the age of 35 make.
Maybe this is a sign that the next generation of women will have it better than those that have come before them. But the promise of equality that came with the 1963 law is still far from fulfilled, and that is an insult to millions of women across the nation.
No matter how many bills are signed into law, unless the government enforces a desire to eliminate wage disparity among the genders, it will continue, as it has since the days of JFK. We hope that the day where equal pay is a reality is not that far off, but passing these resolutions will only make a difference if they are enforced and businesses are encouraged to meet a higher standard.
We are happy to see the wage gap closing, but anything less than 100 percent parity should be unacceptable.