Monday, August 22, 2016
Russell Sage Foundation Papers Help Explain the Growing Wage Gap
In 2014, women made about $0.79 for every dollar men made, which is a damn sight better than 1965 or even 1995, when they made $0.60 and $0.71 for every dollar, respectively. But even though things are generally headed in the right direction, in the past decade, the amount women make compared to men has only gone up by two cents — compared to the relative increase in womens' wages in previous years, that's tiny.
A new essay from researchers Martha J. Bailey and Thomas A. DiPrete, which is part of a newly released collection of papers from the Russell Sage Foundation, helps to explain why women are no longer catching up to men when it comes to pay...