Thursday, March 26, 2015

Economy

Reasons why men, in general, earn more than women.
"Professor James Bennett found 20 differences between what men and women do in the workplace that influence income that aren’t found in the raw numbers — which is all the “77 cents on the dollar” takes into account. These reasons include,
  • Men go into technology and hard sciences more than women.
  • Men tend to take more stressful jobs that are not "nine-to-five."
  • Men are more likely to work longer hours, and the pay gap widens for every hour past 40 per week.
  • Women are more likely to have "gaps" in their careers, primarily because of child rearing and child care. Less experience means lower pay."
But there is a flip side to the gender wage gap.
"Indeed, when comparing never-married women with never married-men, the wage gap doesn’t just disappear, it flips. As far back as 1971, never-married women in their thirties have earned slightly more than similar men.[2] In 1982, never-married women on the whole earned 91 percent of what men do.[3] Today, among men and women living along from the age twenty-one to thirty-five, there is no wage gap.[4] And among unmarried college-educated men and women between forty and sixty-four, men earn an average of $40,000 a year and women earn an average of $47,000 a year![5]"
Funny how one size doesn't fit all.

Luddites fear technology in every generation.

Illegal immigrants taking white-collar jobs.

Millennial tech workers fall behind foreign tech workers.

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