The 77 cents to the dollar figure that
is bandied about so commonly is a "raw gender wage gap," the ratio of
the median earnings of women and the median earnings of men. That's not
as important. You have to compare apples to apples, taking into
accounts such obvious factors as career fields, experience, education,
and so on. If you don't account for the factors it's a completely
meaningless statistic. Worse, it's a pernicious one, meant to deceive
and create the impression of drastic discrimination where none exists.
It is a fact that there are all sorts of factors therefore unconsidered
that have nothing to do with minimizing women's accomplishments, but
rather respecting women's choices. One can find all sorts of studies
that demonstrate that once factors that account for variations in
wages are taken into account the wage gap all but disappears, if not
greatly decreases. I'll link to one such study, precisely because it
was released by the Department of Labor in 2009. I would assume this
would be a credible source to those who think this is some conservative
conspiracy I'm espousing. "Extant economic research has identified
numerous factors that contribute to the gender wage gap. Many of the
factors relate to differences in the choices and behavior of women and
men in balancing their work, personal, and family lives. These factors
include, most notably, the occupations and industries in which they
work, and their human capital development, work experience, career
interruptions, and motherhood. Other factors are sources of wage
adjustments that compensate specific groups of workers for benefits or
duties that disproportionately impact them. Such factors for which
empirical evidence has been developed include health insurance, other
fringe benefits, and overtime work... [I]t can confidently be concluded
that, collectively, those factors account for a major portion and,
possibly, almost all of the raw gender wage gap." Also, "statistical
analysis that includes those variables has produced results that
collectively account for between 65.1 and 76.4 percent of a raw gender
wage gap of 20.4 percent, and thereby leave an adjusted gender wage gap
that is between 4.8 and 7.1 percent." The Department of Labor's own
study flatly contradicts liberal conventional wisdom. I of course find
it unsurprising that most would be unaware of this fact as well.
Here's the link.
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Sunday, April 26, 2015
THE "GENDER WAGE GAP" IS BOGUS
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