Financial service industry professions are the worst in America when it comes to paying its female employees as much as its males ones, according to new Census data.
Among all occupations, securities and commodities brokers, 30 percent of whom are women, have the widest gender-pay gap, at 54.7 percent.
This is closely followed by other financial specialists, who earn 60 cents on the male dollar. Women comprise more than half of all employees in this profession.
Personal financial advisors are barely better: women in this profession are paid 62 cents on the dollar. Thirty-one percent of women in this category are female.
The average male earnings figure for the finance positions above is $88,645, while for females it’s $53,910.
A representative for the Securities Industry and Financial Markets Association could not be reached for comment. A representative for the New York Stock Exchange declined to comment.
Most major Wall Street firms have seen gender discrimination lawsuits in the past…
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