Odd Lots - Bonus: The Pay Check, a New Podcast

Episode Date: May 9, 2018

It’s a big, expensive, global mystery. Why do women still make less money—a lot less—than men? In the US, the average woman makes 80 cents to every dollar a man makes. Launching May 9, the Pay C...heck is an in-depth investigation into what that 20 percent difference looks like. In this miniseries we'll show you how the gender pay gap plays out in real life. We'll hear from Lily Ledbetter, Mo’Nique, and a lot of other women who weren’t happy to be paid less. We'll find out what happens when a whole country tries to tackle the pay gap. And we'll talk to some women who are taking things into their own hands.See omnystudio.com/listener for privacy information.

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Starting point is 00:00:00 You can get the news whenever you want it with Bloomberg News Now. I'm Amy Morris. And I'm Karen Moscow here to tell you about our new on-demand news report delivered right to your podcast feed. Bloomberg News Now is a short five-minute audio report on the day's top stories. Episodes are published throughout the day with the latest information and data to keep you informed. Yes, there are other products like this from a variety of news organizations. But they usually rerun their radio newscasts throughout. the day. That's not what we do. We create customized episodes that can only be heard on Bloomberg News Now.
Starting point is 00:00:37 And we don't wait an hour to publish breaking news. When news breaks, we'll have an episode up in your podcast feed within minutes. So you're always getting the latest stories and developments. Get the reporting and the context from Bloomberg's 3,000 journalists and analysts we're all over the world. Listen to the latest from Bloomberg News Now on Apple, Spotify, or anywhere you listen. If there's a gap, it's not 20 cents on the dollar. But if that was, in fact, true, yes, of course. That's not right. But it is true.
Starting point is 00:01:10 As far as we know, that really is what the data shows, I think. Yes, it is. What the data show. 20 cents on the dollar. Why do you think women make less money than men? I'm Rebecca Greenfield, and I'm hosting a new Bloomberg podcast called The Paycheck. Over six episodes, we're going to investigate a big, expensive, global mystery. Why in 2018, women still make less money, 20% less, than men.
Starting point is 00:01:45 On the paycheck, we're going to show you what 20% less looks like. I told my husband, I have to go to Birmingham, Alabama, and file a charge with the Equal Employment Commission. But I will tell you, if I start, we will be in this fight. for at least eight years. And he said, well, what time you want to leave? We'll hear from a lot of women who finally spoke out. I'm a fat black woman. So people are really looking at me like, have you lost your mind?
Starting point is 00:02:13 You should just be grateful. They let you in. You know, at some point, you step away, you lift up your head, and you realize that things are not right. We'll also dig into why the pay gap still exists. And then we'll explore what's being done to fix it. What happens when a whole country takes on the pay gap?
Starting point is 00:02:37 You probably have a very different system from ours. We're a very different system. And we'll see how some women are taking things into their own hands. You can subscribe to the paycheck right now. That way, you won't miss a single episode. The paycheck is available on Apple Podcasts, Spotify, and anywhere else you listen to podcasts. The first episode comes out on May 9th.
Starting point is 00:03:14 We want you to help us tell this story too. Why do you think women make less money than men? Tell us your thoughts. Call and leave us a voicemail at 212-617-0-1-66. We'd love to have your voices on the show. Subscribe to the paycheck today and we'll see you in a few weeks. June Grasso, inviting you to join me for the Bloomberg Law podcast. Every weekday, we help you make sense of the legal stories that shape the nation and the world.
Starting point is 00:03:58 Listen for complete analysis of the biggest quarter. cases, the latest actions from Congress and regulators, and the legal moves driving the markets, from corporate law to constitutional law and from state courts to the Supreme Court. At Bloomberg Law, we go beyond the day's headlines. We speak with top attorneys, judges, scholars, and policy experts to break down what the rulings really mean. We do this every weekday, then bring you the best conversations in our daily podcast. Search for Bloomberg Law on YouTube, Apple, Spotify, or anywhere else you listen.
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