Column: Closing the wage gap for Black women is an investment
LA TimesDawn Staley, head women’s basketball coach for the University of South Carolina, is trying to use her platform to address an insidious disparity in the U.S. economy. There weren’t many encouraging numbers that came from a recent study by One Million Black Women, a Goldman Sachs initiative that’s investing $10 billion to help address these and other disparities. The organization’s data found that reducing the wage gap faced by Black women could increase the nation’s gross domestic product by nearly half a billion dollars and create up to 1.7 million jobs. “I really don’t know how women do it with kids,” Staley said, noting the cost of child care in addition to lower-than-average wages. The two moderates went on CNBC together to pitch the commission idea, with Manchin calling the nation’s spending “unsustainable.” During his first speech as House speaker, Rep. Mike Johnson called our debt “the greatest single threat to our nation’s security and stability.” What’s interesting about that is Johnson’s home state of Louisiana had the largest pay deficit for Black women in the country.
Discover Related
)
