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Business December 1, 2018 2 mins read

Gender Wage Gap is Larger Than Previously Thought

Business ı By Sherri Riggs

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Gender Wage Gap Study

It’s been a well known fact for a few years now that women make less than men. Until now, a widely accepted figure was that women make 80 cents to every dollar a man makes. However, new study shows that not only do women make less money for doing the same job, the gender pay gap is much larger than previously estimated.

The Institute for Women’s Policy Research (IWPR) released a study at the end of November. It says women make only 49 cents for every dollar a man makes.

“Much ink has been spilled debating whether the commonly cited measure of the wage gap—that women earn 80 cents for every dollar earned by a man—is an exaggeration due to occupational differences or so-called ‘women’s choices,’ but our analysis finds that we have actually been underestimating the extent of pay inequality in the labor market,” said IWPR President and report co-author Heidi Hartmann, Ph.D.

The study titled, Still a Man’s Labor Market, goes over all aspects of a women’s job market, and how it is unequal to a man’s in multiple ways.

For instance, the penalties women face by taking time out of the workforce are very high and are continually rising, “For those who took just one year off from work, women’s annual earnings were 39 percent lower than women who worked all 15 years between 2001 and 2015, a much higher cost than women faced in the time period beginning in 1968, when one year out of work resulted in a 12 percent cut in earnings,” the study reports. “While men are also penalized for time out of the workforce, women’s earnings losses for time out are almost always greater than men’s.”

The backlash on social media sites has been noticeable. Women all over the world now have more proof that the workforce is made for men.

This IWPR study does give actionable advice on how the labor force can better treat women, they say it starts in school with the enforcement of title 9, and with the enforcement of current labor laws.

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Sherri Riggs

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