Equal Pay Day is a day that draws attention to disparities in pay between men and women who perform the same job.
In 2016 the gender pay gap stood at 18.1%, the ethnicity pay gap at 5.7%, and the disability pay gap at 13.6%.
Local business owners like Lisa Sharp are showing their support for equal pay day with sales at their businesses.
"Wage inequalities are particularly stark in New Jersey because men's wages are so high; we rank second in the nation for white, non-Hispanic men", Dana Britton, director of the Rutgers Center for Women and Work, said in a news release.
In 2016, Black women made $641 a week compared to white women who made $766, and made almost $300 less than White men (they made $942) according to an analysis by the Institute for Women's Policy Research.
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The new initiative hopes that increased transparency will encourage companies to address their gender pay gap issues and reduce workplace discrimination.
A recent study found Florida may be the first state to close the gender wage gap. And on average, the wage gap is even wider for women of color than it is for white women. Despite making up half the workforce, more than five decades after the passage of the Equal Pay Act of 1963, American women still make only 80 cents, on average, for every dollar earned by a man.
"Because women earn less, on average, than men, they must work longer for the same amount of pay", the committee's site explains.Women working full time in the US are typically paid 79 percent of what men earn, and that gap is even wider for women of color. It's also really important to be very transparent and audit yourself on whether or not you are paying fairly", she said in an interview with NPR's Marketplace this morning, "We're looking at our performance ratings.
The pay gap means women lose around $10,470 in median earnings a year, according to a March report from the NWLC.
Equal Pay Day is the symbolic date when working women's pay catches up to men's from the previous year.