Friday, September 3, 2010

Women Now Make More Then Men (Those That Are Unmarried, Childless And Under 30)

Time for the liberals to print up some new buttons decrying the unfairness that is women doing the exact same thing as their male counterparts but earning more money? I am not holding my breath. Of course the caveat does add further credence to the argument that the wage gap is not bias but the result of individual choices among those in the work force. Additionally, I read a study that adjusted the wage gab based on those that had tried to negotiate for a higher wage and those that just accepted the first offer; the gap between genders almost disappeared. The person also found that more women than men accept a first offer helping the explain why such a gap exist.

Do not misunderstand, gender bias (just as any bias) is wrong. Disparate results does not automatically mean that discrimination is afoot. One of my favorite graphs charted ice cream consumption for a town and number of drownings, both over the course of the year. Both went up and down together. That does not mean it is time for towns to start banning ice cream. The reason is that people tend to eat more ice cream in the summer when it is warm. That is also when they go swimming. The important message, correlation does not necessarily equal causation.

http://www.time.com/time/business/article/0,8599,2015274,00.html

"according to a new analysis of 2,000 communities by a market research company, in 147 out of 150 of the biggest cities in the U.S., the median full-time salaries of young women are 8% higher than those of the guys in their peer group. In two cities, Atlanta and Memphis, those women are making about 20% more. This squares with earlier research from Queens College, New York, that had suggested that this was happening in major metropolises. But the new study suggests that the gap is bigger than previously thought, with young women in New York City, Los Angeles and San Diego making 17%, 12% and 15% more than their male peers, respectively. And it also holds true even in reasonably small areas like the Raleigh-Durham region and Charlotte in North Carolina (both 14% more), and Jacksonville, Fla. (6%).

Here's the slightly deflating caveat: this reverse gender gap, as it's known, applies only to unmarried, childless women under 30 who live in cities. The rest of working women — even those of the same age, but who are married or don't live in a major metropolitan area — are still on the less scenic side of the wage divide.
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