The gender pay gap has narrowed substantially since the Equal Pay Act was signed in 1963. Still, the typical woman working full time in the United States earns $40,022 a year — or only about 80% of the median annual income for men working full time of $50,119.
A study conducted by the Pew Research Center estimates a woman would need to work an additional 44 days a year to earn the same amount as her male counterpart.
Several explanations — some real, some imagined — are often given to account for the discrepancy. For example, women typically are out of work longer during pregnancy, women leave the workforce sooner, and women are more likely to pursue lower-paying careers. However, even when accounting for all these factors, there still appears to be a gap.
In the Denver metro area, the wage gap is not as pronounced. The typical woman working full-time in Denver earns $45,519 a year, or about 82.7% of the $55,053 median income of men in the metro area.
Differences in pay between men and women varies widely throughout Colorado. Of the 7 metro areas in Colorado, none have a smaller gender wage gap than Denver.
The gender pay gap in Denver also varies by industry. The largest earnings gap between men and women in the metro area can be found in fire fighting and prevention occupations, where women earn only 49 cents for every dollar earned by men.
The pay gap also tends to be worse in professions in which women have historically been excluded. The typical female in the sales profession in Denver, for example, earns only 66 cents for every dollar a man in the field earns.