LILLY LEDBETTER FAIR PAY ACT
A law signed by the US Congress, which restored worker protections against pay discrimination. Signed under the Obama administration on January 29, 2004, it amends the Civil Rights Act of 1964. The said act aims to protect individuals every time an employer makes a discriminatory pay decision on its employees. Individuals must seek rectification under the federal anti-discrimination statute. Point of clarification: Discrimination on the grounds of age, national origin, race, religion, sex, and disability will accrue every time the worker receives a paycheck that seemed discriminatory.
Lilly Ledbetter Fair Pay Act was named after a Goodyear Tire Production Supervisor Lilly Ledbetter who filed a lawsuit against the tire manufacturer in 1998. She said her salary pay mirrored sex discrimination. The Supreme Court rejected her appeal but that ruling enkindle legal groups who noticed the decision was a lapse for safeguarding women and civil rights. Eventually, this led to forming this bill.
POPULAR TERMS
Council of Economic Advisors - CEA
Branch Office
Rump
Catalyst
Federal Subsidy Recapture
POPULAR ARTICLE
SEE FOREX TUTORIAL
Buying a Home: Choosing the Best Location
Student Loans: Repayment in Times of Financial Difficulty
Buying a Home: Writing an Offer
A Primer on Retirement Planning
Everything You Need To Know About Stock Trader Types
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 11:00 | Ifo Business Climate Index | Jan | |
| 11:00 | Ifo Current Assessment | Jan | |
| 11:00 | IFO - Expectations | Jan | |
| 15:30 | Durable Goods Orders | Nov | |
| 16:00 | NBB Business Climate | Jan | |
| 01:50 | Corporate Service Price Index | Dec | |
| 02:01 | BRC Shop Price Index | Jan | |
| 02:30 | NAB Business Confidence | Dec | |
| 04:00 | Credit Card Spending | Dec |


