Women Earn 81.9 Cents for Every Dollar a Man Earns – Real Time Economics

A new Labor Department report shows that weekly wages for full-time female workers was about 18% less than males in the second quarter of the year.  

Women earned 81.9 cents for every dollar a man earned in the second quarter of the year.

Labor Department data out Tuesday showed the pay gap between men and women little changed, and perhaps even taking a step back. Full-time women workers earned almost 84 cents for every dollar a man earned in the second quarter of 2014.

Overall, median weekly earnings of all full-time workers climbed 2.7% from a year earlier to $801. Men got bigger paychecks, with wages and salaries climbing 3.4% from a year earlier to $886. For women, the increase was a more moderate 1.4% to $726.

The latest wage measures show some growth across occupations and genders but no clear signs of a breakout. And broadly speaking, different wage data has sent mixed signals in recent months.

One thing that hasn’t changed much recently is the disparity in pay between genders. Women have been closing the pay gap with men slowly, and by some calculations may need generations to achieve equal pay. The big difference has caught the attention of the White House.

Of course, measuring wage differences by gender is tricky. The latest figures don’t account for differences in hours worked and types of jobs. Tuesday’s report simply considers 35 hours or more as full time. But a report last year showed men are more likely to have a longer work week. For example, 25% of men worked 41 or more hours per week in 2013, compared with 14% of women, according to Labor Department data.

One theory for the gap in hours and pay: Children.

Indeed, women ages 20-24 come closest to earning the same as their male peers. That gap widens noticeably for women 35-44 and continues to grow.

Tuesday’s report also highlighted big disparities in pay related to race and educational attainment.

For example, median weekly earnings for black men working at full-time jobs were $696 per week, or 76.1 percent of the median for white men.

And full-time workers age 25 and over without a high school diploma had median weekly earnings of $499, compared with $1,210 for those holding at least a bachelor’s degree.

Related reading:

Where Women May Wait More Than 100 Years to Close the Wage Gap 

In Equal-Pay Debate, Disparity Is in the Details

Behind Arquette’s Oscar Speech: Hollywood’s Pay Gap Looks a Lot Like Ours

5 Things You Didn’t Know About the Gender Gap in Wages

Wage Measures Send Mixed Signals



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21 July 2015 | 7:53 pm – Source: blogs.wsj.com


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