Interesting studies on gender pay equity issues
Employment Policy Foundation (EPF) has this: “Women in the Workplace Make Large Gains over the Last Decade.”
Highlights include:
The real earnings of women in full-time, year round jobs increased 19.1 percent from 1991 to 2001, and the number of women earning over $80,000 per year in real (2001) terms increased from 624,000 to 1.7 million—a 166 percent increase.
The rate of growth of the number of women in high paying jobs (over $80,000 per year) was 2.8 times the 58 percent growth of the number of men in such jobs.
Over the past decade entered high-paying managerial and professional occupations in record numbers. The number of women with annual work experience in managerial and professional occupations increased by 7.0 million—a 44 percent increase, compared to an increase of 5.0 million in the number of men.
In 2001, work experience data showed that women comprised 51 percent of all persons who worked in the managerial and professional occupations group.
Women also shifted significantly from part-time part-year work to full-time year-round work, a change with important implications for career advancement and future earnings gains. The number of women working full-time, year-round in managerial and professional occupations increased 53 percent to 15.5 million.
Article is based on a GAO study of pay differences between men and women that found factors including work experience and working hours, industry, occupation, education, marital status, age, and presence of young children in the household accounted for over half of the difference between earnings of women and men. EPF took it further and looked at other factors, claiming that if these were added to the analysis conducted by GAO, they “would reduce the unexplained earnings differences even further—to no more than 5 percent.”
I remember the old slogan about women only making 60 cents for every dollar earned by men. Always thought it failed to account for some significant reasons other than outright discrimination. Now it seems that gap has closed significantly, and much of what remains is accounted for legitimately.
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