that pattern, though.
By now, you’ve probably heard depressing statistics like this one: For every dollar a man earns, a woman makes 77 cents. You might even be sick of hearing it. But here’s another way of thinking about it: If you add all those pennies up, the gender gap will cost the average American woman more than $400,000 over the course of her professional life.
Even the useful 77 cents-to-the-dollar statistic is partially misleading because it looks at the median earnings of all full-time employed women against the earnings of full-time employed white men, leaving race and ethnicity out of the equation. Here’s the granular breakdown. White men in the United States make:
- 47% more than Hispanic and Latina women
- 40% more than American-Indian and Alaskan Native women
- 36% more than African-American women
- 34% more than Native Hawaiian and Pacific Islander women
- 21% more than white women and
- 13% more than Asian women.