bicentennial_baby
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Mon Jun-09-08 05:44 PM
Original message |
I learned something about the Wage Gap today...very illuminating: |
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Edited on Mon Jun-09-08 05:47 PM by bicentennial_baby
(The horizontal wage gap, that is, btwn men and women)
An average female H.S. graduate will earn $700,000 less than a male H.S. graduate, over the course of her lifetime
A Bachelor's degree? 1.2 million
A Graduate degree? 2 million
Kinda puts that $0.77 per dollar figure into perspective, eh?
*This data was from Evelyn Murphy, the first and former female Lt. governor of MA, who is a PhD Economist and the author of "Getting Even: Why Women Don't Get Paid Like Men and What To DO About it"*
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Crazy Dave
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Mon Jun-09-08 05:46 PM
Response to Original message |
1. And they're going to make even less under Obama |
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Oh the injustice of it all :sarcasm:
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Demit
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Mon Jun-09-08 05:53 PM
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2. But...but...that's so pessimistic! And victim-like! |
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There was a thread earlier today from which I learned that this is not true for women under 40. Only older women perceive this wage gap to be true. Because they have a chip on their shoulder and need an excuse for failure. Just thought you'd like to know that things have magically changed :)
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bicentennial_baby
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Mon Jun-09-08 05:59 PM
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4. Wow, that person should have been at the conference I was at today... |
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Jeebus. Maybe Teresa Heinz, Evelyn Murphy, Lilly Ledbetter and Rocio Saenz could have convinced them.
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KSCFAN
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Mon Jun-09-08 05:53 PM
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3. Average Woman or women with kids? |
bicentennial_baby
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Mon Jun-09-08 06:00 PM
Response to Reply #3 |
5. I assume it's an average of all women |
David__77
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Mon Jun-09-08 06:07 PM
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6. I would be interested in controlling for number of labor hours worked. |
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Presumably, this is at least in part explained by the fact that many women take extended periods off of work to care for newborns/infants. I think this would have to be controlled for. That wage gap continues to narrow not so much due to a change in wages but to due to women assuming a greater role as full-time workers.
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bicentennial_baby
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Mon Jun-09-08 06:10 PM
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7. I would guess that Dr. Murphy did control for these things... |
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She doesn't seem the type to toss stats around recklessly. I haven't read the book yet, or looked at the underlying data analysis.
There *is* actual gender based wage discrimination. Ask Lilly Ledbetter.
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elehhhhna
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Mon Jun-09-08 06:17 PM
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8. It's VERY expensive to stay home. Hubs stayed for 5 years w/ the babies, |
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Edited on Mon Jun-09-08 06:19 PM by elehhhhna
& a few years later & a few less-than-satisfactory daycare providers, i stayed home for 5.
That 10 years cost us, at minimum, 500K gross...plus lost vesting, 401k match...
We called it "The best childcare we can't afford."
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DU
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Sat May 04th 2024, 01:00 PM
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