Obama to announce new rules for closing gender pay gap

Article here. Excerpt:

'In his final year in office, President Barack Obama is returning to an issue that was at the heart of the first piece of legislation he ever signed at the White House: equal pay.

Obama on Friday unveiled new rules that would compel companies with more than 100 employees to provide the federal government annual data for how much they pay employees based on gender, race and ethnicity.

That information would be used to help public enforcement of equal pay laws while giving more insight into discriminatory pay practices, he said from the White House.

“What kind of example does paying women less set for our sons and daughters?” Obama asked.

The proposal would cover more than 63 million employees — potentially providing a new wealth of data for understanding the pay gap issue and determining whether certain workers are getting short-changed.'