Women's History Month continues and Wednesday, March 24, 2021 marks Equal Pay Day.
Why is it celebrated today? According to the National Committee on Pay Equity (NCPE), the date symbolizes just how far into the next year a woman must work in order to be paid the equivalent of a man in the previous year.
As disturbing as those findings are, the pay has gone up. According to the National Women's Center, women make 82 cents to every dollar a white male makes.
One year into a global pandemic that has had a devastating impact on health and economies, we are also now seeing the role COVID is having on women. TheStreet's video journalists have been reporting on the growing she-cession -- which is based on data that women are leaving the workplace at higher numbers because of the ongoing pandemic.
It was one of the many topics discussed in this episode of Coffee With Katherine, Ellevest Founder and CEO Sallie Krawcheck. Watch below.
History of Equal Pay Day
Although women have made enormous progress in the workforce since the signing of the Equal Pay Act on June 10, 1963, the stubborn fact remains that five decades later the basic goal of the act has not yet been realized.
Watch the video above for more on the history of the Equal Pay Act.
Editor's note: this video was produced by TheStreet's Kevin Levick.