Yesterday's class discussion regarding pay differences got me thinking. Considering it is something that affects all of us, I wanted to get some real numbers and here is what I found:
EARNINGS--Women's median weekly earnings in 2005: $585 for full-time wage and salary workers, $722 for men.
Overall, women’s earnings as a percent of men’s were 81.0 percent.
Women's median hourly earnings: $10.31 for those paid hourly rates, $12.16 for men.
2006: The median weekly earnings of women who were full-time wage and salary workers was $600, or 81 percent of men’s $743. When comparing the median weekly earnings of persons aged 16 to 24, young women earned 94% of what young men earned ($395 and $418, respectively).
Source: U.S. Department of Labor, Bureau of Labor Statistics, Employment and Earnings, January 2006.
However, I also found this article:
http://www.forbes.com/work/compensation/2006/05/12/women-wage-gap-cx_wf_0512earningmore.html
It gives a completely different point of view than most of us had in class and raises some interesting points.
Let me know what you think!
I also didn't forget that Valerie mentioned the difference between women and women with children is even greater. I think that pay disparities within genders is just as important; unfortunately, I couldn't find numbers on the topic.