Obama’s Paycheck Fairness Act Push Could Revolutionize Walmart, Retail Sector

President Barack Obama urged Congress during Tuesday’s State of the Union address to enact legislation ensuring that men and women receive equal pay for equal work.

“I ask this Congress to declare that women should earn a living equal to their efforts, and finally pass the Paycheck Fairness Act this year,” Obama said, referring to a bill blocked by Senate Republicans last June.

Passing such legislation would revolutionize the retail sector and, possibly, bring big changes to the country’s largest retailer: Walmart. According to the Bureau of Labor Statistics retail sales jobs have the second largest gender pay gap of any profession. The job with the widest pay gap is insurance agent, according to BLS, but far more Americans are working retail: Around 4.5 million people work in retail sales in the U.S., half earn less than $21,000 per year, according to the BLS.

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