According to a report signed by Jasmine Tucker of the National Women's Law Center, Latino women in the country who work full-time year-round have lifetime losses of their wages totaling more than US $1.1 million.

“March 15 is Equal Pay Day, the day that marks how far into this year women working full time, year-round must work to catch up to what men made last year alone. When we compare all women to all men, women working full time, year-round in 2020 (the most recent year for which we have data) were typically paid just 83 cents for every dollar paid to men”.

The “Equal Pay Day” is a symbolic day when the debate about the amount of work that most women must present to receive the same provisions that men received the previous year, gains greater centrality. According to the report dropped on the 15th, women of all ethnicities who worked full-time throughout the year 2020 received, on average, just 83 cents for every dollar paid to men.

The author of the report told to NBC News that, despite appearing to be only a matter of a few pennies on the dollar, the sum of these salary losses is quite significant. In this sense, “Latinas in particular face some of the largest wage gaps”, according to Jasmine Tucker, who declares herself Latina.

“Latinas only earn 57 cents for every dollar paid to a non-Hispanic man — meaning they have to work at least 21 months, nearly two years, to match a white man’s yearly income. The wage gap is the widest for them. It doesn’t matter if it’s a high-paying job. It doesn’t matter if it’s a low-paying job”.

In 2020, with the Covid-19 pandemic, women lost about 12 million jobs between February and April. Job losses have disproportionately affected low-wage workers in industries such as leisure and entertainment, as well as in restaurants, hotels, and retail, where Latino women's workplaces are often underemployed.

“Latinas experienced the largest decline in employment from February to May 2020, with about 21 percent of Latinas in the workforce losing their jobs. While unemployment numbers have decreased this year, the Latina unemployment rate remains at 4.8 percent, compared to the overall jobless rate of 3.8 percent”, according to NBC publication.

According to the report, “Racial and gender wage gaps are nothing new – but the COVID-19 pandemic and resulting economic downturn have exacerbated longstanding inequities and threaten to widen these wage gaps. In 2020, the gender wage gap typically cost women working full time, year-round $870 per month or $10,435 per year – sharply compromising their ability to weather the economic crisis that has gone hand-in-hand with COVID-19. And while the severity of the crisis has lessened since 2020, the data is clear: its racial and gender impacts continue, especially for Black and Latina women”.

Income inequality costs women, on average, $417,400 in lost wages over a 40-year career, according to the report. If the current wage gap persists, a woman would have to work until age 72 to receive what a man received at age 60. However, full-time, year-round Latinas have a lifetime salary loss that can exceed $1.1 million, “making it impossible for Latinas to ever catch up”, according to Tucker.

According to the NBC publication, Tucker said that Latinas “They're being robbed of $1.1 million over their career [thus], Latinas are either going to have to work until they die, if they’re going to try and recover any of this gap, or she's going to lose that money”.