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Wage Gap vs. Wealth Gap: The Impact on Women

The Federal Reserve’s “Survey of Household Economics and Decision making” concludes that in American Households,  ‘more than one-quarter are not doing okay, including more than one-third of black and Hispanic adults” with respect to finances. These are accross-the-board statistics, but what changes when gender differences are brought into the equation? It’s frequently reported in the media that a disparity remains between men and women when it comes to wages, but this should not be confused with “wealth gaps,” a measure which points to an even greater disparity between men and women.

Kilolo Kijakazi and Heather McCulloch, in  post on slate.com, examine the differences between wage gaps and wealth gaps, and offer conjecture on the severity of both. Check it out here… 

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