Nov. 1 marks Equal Pay Day for Latina women, who earn 54 cents for every dollar non-Hispanic, white men earn.
Compared to the 79-cent national average, the pay gap for Latina women is more like a chasm. It’s larger than the gap for African-American women, who earn just 60 cents of what white men earn.
A recent study from the Labor Council for Latin American Advancement shows that over the course of a 40-year career, the average working Latina woman loses more than $1 million. They would have to work for 74 years to earn the same amount a non-Hispanic, white man earns in 40 years.
The study also found that Latina women make up 6.7 percent of the U.S. workforce — about 9.6 million workers. The National Women’s Business Council reports there are nearly 800,000 Hispanic women-owned or Latina-owned businesses in the U.S., a 45.7 percent increase since 2002.
Read more at the Denver Business Journal: http://bizj.us/1ovewa
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