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According to the Federal Reserve Bank of St. Louis, the top 10% of families in the U.S. command 69% of America's total household wealth. The average among them is worth $6.8 million. On the other...
Civil society groups organize awareness campaigns that include activities such as Equal Pay Day or the equal pay for equal work movement to increase the public attention received by the gender pay gap. For the same reason, various groups publish regular reports on the current state of gender pay differences. An example is the Global Gender Gap ...
In the article Human Capital Models and the Gender Pay Gap, Olson brings up the point that although there's argument that women are paid less than men because of their time-off away from work for family reasons, such as child-rearing, and unpaid house chores actually does not have an effect on women's salaries later in their career. Since this ...
Leonhardt and Quealy in 2014 described three key reasons for other industrialized countries improving real median income relative to the US over the 2000-2010 period. In the US: [214] educational attainment has risen more slowly; companies pay relatively lower wages to the middle class and poor, with top executives making relatively more;
Despite major educational gains for women, the wage gap between men and women hasn't changed since the start of the millennium, according to two new studies. One study found that women only make ...
Xactly analyzed how the racial wage gap between white, Black, and Hispanic/Latino workers has changed since 2000 using Bureau of Labor Statistics data.
BLS explained the gap between productivity and compensation can be divided into two components, the effect of which varies by industry: 1) Recalculating the gap using an industry-specific inflation adjustment ("industry deflator") rather than consumption (CPI); and 2) The change in labor's share of income, defined as how much of a business ...
The wage gap could trace back to the kinds of computer science jobs women work—more likely to be lower-paying than men—but that only accounts for about a third of the gap, the researchers ...