Wage gap still there, unless you are a house-sitter
Mon 26 March 2012
, LEAP redaktie, LEAP
Do you want to earn more than your male colleague? Become a shoe-shiner! Or butler. Or house-sitter. That is the only job category in which where the median female salary exceeded the amount paid to men, according to census data compiled by Bloomberg.
The six jobs with the largest gender gap in pay and at least 10,000 men and 10,000 women were in the Wall Street-heavy financial sector: insurance agents, managers, clerks, personal advisers and other specialists. Advanced-degree professions proved no better predictors of equality. Female doctors made 63 cents for every $1 earned by male physicians and surgeons, the data show.
Female chief executives earned 74 cents for every $1 made by male counterparts.
The Census Bureau figures underscore the lack of financial progress made in the generation since women began leaving the home and moving into the workforce in large numbers. While the worst economic downturn since the Great Depression initially hit women less severely, their median earnings still trailed men in 505 of 525 occupations tracked by the federal government.
So the pay gap is not really closing in the US. That isn’t to say the gap hasn’t narrowed as full-time female employees are now better educated, less likely to be married and more likely to delay childbirth. Those developments have helped shrink the median-pay disparity for all occupations to 77 cents for every $1 earned by men from 61 cents during the last 50 years, according to the census figures, which cover earnings for more than 95.5 million full-time, year-round American workers over the age of 16.
Read the full article: http://www.bloomberg.com/news/2012-03-16/shining-shoes-best-way-wall-street-women-outearn-men.html
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