Forex Trading Articles

By the Numbers: Being LGBTQ at America

July 28, 2020

Bias and the absence of protections produce a cascade of fiscal attacks for sexual minorities. All these 12 figures reveal the condition of LGBTQ economic inequality from the U.S.

Stable job, access to health care, and also the capacity to conserve and provide for our families and ourselves because we age – most girls face barriers to attaining economic equality in these regions. However, the nation’s 5.1 million bisexual, gay, bisexual, transgender and queer (LGBTQ) girls cope with extra layers of prejudice, stigma and lack of legal protections only because people they decide to enjoy and the way in which they identify.

Federal legislation didn’t explicitly bar companies from firing or discriminating against an employee due to their sexual orientation before – assesses notes about 15 minutes past. On June 15, 2020, the Supreme Court ruled that Title VII of the Civil Rights Act that shields gender discrimination at work applies to homosexual, transgender and bisexual employees.

This is enormous measure, and we are going to pause for a moment of the party. However there’s still a great deal of work to perform. Decades of anti-LGBTQ legislation don’t erase years without protections from discrimination in employment. And sex discrimination could still go unchallenged in education, housing, health care and credit – the basic pillars of economic security.

An in-depth report on the financial penalty for LGBT women in America, co-authored by two think tanks – the Center for American Progress (CAP) and the Movement Advancement Project (MAP) – provides a snapshot of what it’s like for LGBT women:

  • An estimated 4.1% of adult women identify as LGBT versus 3.9% of adult men.
  • Within the LGBT population there are an estimated 350,000 transgender women.
  • For every dollar a man in a married-opposite-sex couple earns, a woman in a same-sex couple earns $0.79 whereas a man in a same-sex couple earns $0.98.
  • One in five LGBT women living alone lives in poverty.
  • African American LGBT women in a same-sex couple are three times more likely to be poor than white women in same-sex couples. Latina women in same-sex couples are twice as likely to be poor.
  • Older women (ages 65 and above) in same-sex couples have nearly twice the poverty rate of older married opposite-sex couples.
  • 15% of female same-sex couples raising children live in poverty, compared to 9% of married opposite-sex couples with children.
  • LGBT women of color face higher rates of workplace discrimination due to multiple identities (race, gender/gender identity, sexual orientation). The rate of discrimination for Asian and Pacific Islander LGBT people is reported in the middle 75%-82%; four in 10 (42%) of Black LGBT people have experienced employment discrimination.
  • A 2014 Gallup survey that measured individual social, financial and physical well-being found that 39% of non-LGBT women were thriving compared to 29% of LGBT women.

*NOTE: In these and all the statistics cited in this article we use the gender, racial and sexual orientation language and acronyms used by the original authors.

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