As of October 11, the average American woman who works full time, year-round started working for free.
That’s because she makes just 78 percent of what a man makes. If a man’s pay lasts the whole year long, hers doesn’t even make it to Halloween.
Women of color have been putting in even more time. Black women have been working for free since August 21. Hispanic women have been doing so since July 16.
Even if we take into account things like the fact that women tend to go into different industries and occupations, stay in the labor force for less time (often thanks to raising children), and are less likely to be in a union, women should still walk away from work beginning Black Friday and not come back until New Years Day.
The fact that women’s work comes so heavily discounted has inspired unions in Denmark for the last five years to call on Danish women to take the rest of the year off after they reach that point—and they have just a 17 cent pay gap, one of the world’s smallest. “It’s a way to remove the gender pay gap in a split second,” Lise Johansen, who heads the campaign for the Danish Confederation of Trade Unions, told Bloomberg News. “Go to a tropical island for the rest of the year!”
Women aren’t just working for free when they leave their houses, of course. They’re working for free every day of the year when they go home and raise children, cook meals, and clean house. They devote far more time to this than men: they spend a half hour more on child care, housework, cooking, and household management each day compared to men. That’s double the time men spend on child care.
That time may not be rewarded, but it still has a value. Take the effort women put in caring for elderly parents, which they are far more likely to do compared to men. If all the informal elderly caregiving by family and friends were instead replaced by someone paid to do it, the total would be $522 billion a year. That’s a half trillion dollar gift (mostly) women give to society.