The gender wage gap: worse than you think?
The idea that women make 80 cents for each dollar men earn is one of those depressing statistics that many have internalized as a fact of life. But here’s a question for Mother’s Day, May 12: What if the situation is actually much worse?
“What this study tries to accomplish is really to compare all women’s labor market experiences to all men’s,” said Stephen Rose a nonresident fellow at the Urban Institute, a Washington, D.C. think tank, and a co-author of the study. The reasons why women are more likely to miss out on time in the workforce and the economic benefits that come with it are well known. Child-rearing is more likely to take a toll on women’s careers; for one, men don’t need to take time out of work recover physically from childbirth and in addition, because women have historically earned less than men they’re often the spouses whose jobs are sacrificed when the cost of child care appears prohibitively expensive.
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