The economic recovery seems to have picked up steam in recent months, with the unemployment rate approaching pre-recession levels and the stock market reaching all-time highs. But for many, the economic indicator that matters the most, wage growth, has remained stubbornly flat. Today, a conversation about the causes, history, and potential fixes for an economic problem that is quickly becoming a national political issue.
New Hampshire employers could not prohibit their workers from discussing how much they are paid under a bill passed by the House.
The House voted 183-125 Wednesday to send the Senate a bill that allows employers to pay workers different amounts based on such factors as seniority, merit, production and education. Supporters argue the bill is a step toward ensuring men and women are paid equally for comparable work.
In his State of the Union address, President Obama lamented that women make 77 cents to every dollar a man makes. A new bill in New Hampshire looks to narrow that gap. However, disagreement remains about what’s behind the difference, whether it’s the choices that women make, outright discrimination, or a combination of these and other factors.
This week, a highly-politicized bill titled the “Paycheck Fairness Act”, died in the U.S. Senate. The bill was aimed at the so-called “wage gap”, between men and women. It would have given workers greater legal rights, if they found evidence of pay disparities between male and female employees. Republicans voted against the measure, saying it would have encouraged a flood of workplace lawsuits, while Democrats called the bill an important tool aimed at closing the divide between men’s and women’s paychecks. We'll look at that, also what might cause this gap?