Why Women have a Stake in $15/hour minimum Wage

Originally Published on March 7th 2014 by Socialist Alternative

Raising the minimum wage is actually a women’s rights issue. This year’s celebration of International Women’s Day would be incomplete without contextualizing it within the ongoing minimum wage battles across the U.S., which have already won victories in many cities, the largest win hopefully to come from Seattle’s fight for $15/hr. Women like Socialist Seattle City Councilmember Kshama Sawant have arisen as the pillars of the movement, because as in so many other social justice struggles, women will be the ones with the most to gain.

The gender pay gap in the U.S. is a full-blown crisis.  We rank 67th out of 133 countries in pay equity, just below Yemen (World Economic Forum, 2013). Over the course of a lifetime, women will actually need an extra degree in order to earn equal pay to men with a lower degree. This is especially bad news for the 53% of women graduates who are paying a much higher portion of their income towards student loan debt than any typical worker could afford, as opposed to 39% of men in the same situation (American Association of University Women, 2009).

The current wage structure, coupled with racial discrimination, keeps women of color particularly in perpetual poverty, with Black American women earning 64% and Latinas earning 55% of the wages of white men (U.S. Census Bureau, 2012).

Read More at: http://www.socialistalternative.org/2014/03/07/women-stake-15hour-minimum-wage/

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