Gender wage gap, fact or myth?
Source: Huffington Post Fact, but not as wide as you might expect. The 73 cents for every dollar that a man earns is innacurate; experts suggest that all factors in place, it's actually within 5%. So how do we explain the 20 cents difference? There are many journals written about this topic but I'll summarize the reasons below: - manipulative statistics : the 73 cents/dollar earned by men figure takes total male earnings/total male population and indexes it as one dollar; they then take total female earnings/total female population and places it on the same index. What this statistic does not account for is percentage of population employed. Fact of the matter is a larger percentage of men work compared to women. In addition, this statistic fails to account for gender distribution in jobs. To compare income in a fair manner, one must compare apples to apples, compare a female engineer's salary to a male engineer's salary and the gender wage gape quickly fa