August 23, 2016 is African American Women’s Equal Pay Day ― the day when black women finally catch up to white men’s pay from the last year. Black women are paid 63 cents for every dollar white men earn. The pay gap costs black women $877,480 a year. There are several measurable reasons why black women face a pronounced pay gap. But overall, about 40 percent of the gender pay gap is simply “unexplained,” which makes it sound somewhat mysterious and complex.

Source: Huffington Post August 23, 2016 14:15 UTC