A Big, Expensive, Global Mystery

The Pay Check

Bloomberg

Society & Culture, Business, Investing

4.4 • 630 Ratings

🗓️ 9 May 2018

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In the first episode of The Pay Check, we go deep on pay discrimination. Host Rebecca Greenfield tells us about an equal pay fight in her own family. We take you inside a gender discrimination case against Goldman Sachs that’s been unfolding for over a decade. And we look at how companies magically make their pay gaps disappear—without actually paying women more.

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Transcript

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0:34.5	The data that matters for your investments.
0:39.9	The entire auto sector is higher today.
0:44.2	And analysis on the companies making news on Wall Street. Tesla's been a stock that's been in focus. Shears have really been all over the math this morning. Listen to the stock movers report from
0:49.2	Bloomberg. Let's talk about some other decliner. It's your short audio report on the day's
0:54.1	winners and losers in the stock market.
0:56.2	Second biggest driver in terms of points for the S&P 500.
0:59.3	Subscribe to the Stock Movers Report on Apple Podcasts,field, a reporter at Bloomberg.
1:18.6	This is the first episode of The Paycheck.
1:22.5	For the next six weeks, we're going to investigate a big, expensive, global mystery.
1:29.9	Why, in 2018, women still make less money, a lot less money, than men.
1:36.6	There's pretty broad agreement on the stats.
1:39.7	According to the U.S. Census and the Bureau of Labor Statistics, in the U.S. for every $1 a man makes, a woman gets about 80 cents.
1:49.0	For women of color, it's even worse. Black women earn just 63 cents on the dollar.
	...

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