Social Impact
What is happening? Research before the Alabama Workforce and Wage Gap Task Force says closing the pay gap will add $15.4 billion in wages and be an economic gain for Alabama of $22 billion. “This could be the single largest economic development tool that is on the table,” said Peregrine Strategies Principal Allen Freyer
Why is this important? Closing the pay gap also will create 59,000 new jobs.
How will this be important? Alabama is 24th in population. Imagine the economic gain in larger states.
Governing | Closing Alabama’s Gender Pay Gap Could Grow Economy by $22B
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