Here are the least paid demographics in the United States

In theory, the American Dream is said to be achievable by anyone who is willing to put in the work. However, in reality, some demographics walk on rose petals to their goals, while other demographics have to struggle to get a foot through the door. Low wages and income inequality plague certain American demographics, making these professionals exhausted in their ventures for success.

Did you know that the least-paid demographics in America include women, young professionals, workers of color, hourly workers, part-time workers, and those with less educated backgrounds? These demographics are not always mutually exclusive. However, there is one thing that they all struggle equally for - fair pay and a chance at a comfortable lifestyle.

The gender pay gap is still very apparent when it comes to women. Although women contribute to almost exactly half of the US workforce, they are still not paid equally as men. According to the Bureau of Labor Statistics (BLS), a woman gets paid 82 cents for each dollar a man makes. If we shift our focus to women of color, the gender pay gap is even larger. Black women only earn about 63 cents, while Latina women make 55 cents for each dollar made by a white, non-Hispanic man.

Imagine you are a woman who is the sole breadwinner of your family. Or that you are a woman with caregiving responsibilities. You will be hit very hard by the wage disparity. You will need to stretch your limited income to cover the costs of basic necessities for your family, such as food, rent, and medical care. The gender pay gap has a ripple effect that many do not see. Your hindered income potential will affect your ability to save for retirement, invest in a business, spend on education, or contribute to the growth of your family’s economy.

For many years, people of color in America have faced difficulties earning a living. Did you know that Black workers only make 75% of what white workers make? Hispanic workers are doing marginally better, at 82%, according to the BLS. Over the years, the populace has been told that these disparities exist due to differences in education and experience. However, as there is a more open discussion about these topics, it is apparent that racism and discrimination are the major culprits that deny opportunities for people of color in America.

Existing wealth inequality is a side effect of these issues. As a result of the pay disparity over the years, people of color are more likely to be subjected to poverty. This gives them fewer opportunities to gather and build generational wealth, unlike white workers. Also, a considerable number of people of color are overrepresented in low-paying industries. These industries, such as food services and retail, offer next to no benefits or job security.

Young professionals who lack college education are another demographic that isn’t paid well. The BLS reveals that young professionals aged 16 to 24 earn an average of $12.93 per hour. This is at a time when the overall median hourly wage is $19.14. Due to challenges such as limited opportunities and a lack of experience, these professionals struggle to make it in the job market.