Lilly Ledbetter, icon of equal pay in US, dies aged 86

Published On Oct 14, 2024, 9:31 AM

Lilly Ledbetter, a prominent advocate for equal pay in the United States and the namesake of the Lilly Ledbetter Fair Pay Restoration Act signed by Barack Obama, has passed away at the age of 86. Ledbetter's activism began when she discovered she was being paid less than her male colleagues while working at Goodyear. Her efforts led to significant legislative changes aimed at addressing gender pay discrimination. President Biden and former President Obama have both honored her legacy, emphasizing her role in advocating for equal pay and the importance of the law she championed.

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In light of the ongoing discussions around gender pay equality and recent tributes to Ledbetter, companies and sectors that prioritize diversity and inclusion may see an increase in investor interest. Additionally, companies with strong policies against pay discrimination may be favorably viewed by investors as societal pressures for equality grow.

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