9. Real estate
Women's median weekly earnings
Women's %'age of men's earnings
Scrutinizing this list, one might mistakenly conclude--as the stormy petrels are sure to do and then to assert their mistaken conclusion in the mainstream media--that there's greater pay inequality between women and men in the United States than there really is.
That false "take away" would be due to the fact that the list identifies the top-10 occupations where the median weekly full-time earnings among women was the smallest as a percent of men's earnings. As the folks over at 24/7 Wall St.com were very careful to point out, a full-time female employee in 2014 earned 82.5% of what a male employee earned. Unacceptable as that difference is, that's considerably higher than in 1979, when a full-time female employee was paid an estimated 62% of what a male employee was paid. More importantly, the simple fact is that in many of the largest occupations in the country, women earn close to what men do on a weekly basis.
That said, progress in closing pay inequality between females and males slowed between 2000 and 2014. While one can speculate about why that is the case, all of that speculation is meaningless in the sense that there should be 0% disparity in pay for women and men in the same occupation, performing the same work, and working the same number and type of hours.
The Motley Monk would speculate that some of the current disparity in pay between women and men is that the number and type of hours differ, for example, women are working more part-time hours and men are working more full-time hours.
Let the discussion begin...
To read the 24/7 Wall St.com article, click on the following link: