Wednesday, September 8, 2010
Are Young Women Earning More Than Their Boyfriends?
September 7, 2010
The news last week was that if you're a young woman without children, you have a shot at making more money than your boyfriend. "Young, single, childless women out-earn male counterparts," says USA Today; "Workplace Salaries: At Last, Women on Top" says Time.
I always enjoy it when the media rediscover a trend: Equality is here! But digging a bit deeper into the data tells a more nuanced tale. Even if you can make more than the cute guy you saw at the bar last weekend, you may not out-earn the colleague sitting in the next cubicle. And, alas, it's the second comparison that really matters.
There are two ways to look at the gender pay gap. The first way is to ask whether equally skilled men and women in comparable jobs are paid the same. That's the way to gauge workplace fairness. Do women with similar credentials in similar jobs earn as much as the men they work with? It's in this context that the answer remains no.
Posted by Yulie Foka at 10:23 PM