The Gender Wage Gap
Have you ever considered that the gender wage gap can account for gender wage gap? Men and women grossing difference has been an ongoing examination. In 2010 Jingyo Suh published “Decomposition of the Change in the Gender Wage Gap” in which he conducted a study investigating determinants and characteristics of changes in the gender gap between 1989 and 2005. The 1970s and 1980s were decades of remarkable economic progress for women. After a period of stagnation in the early 1970s at the low 60 percent of the average men's wage, earnings for women in salaried full-time year-round positions grew faster than men's and narrowed the gender wage gap (Suh, 2010). Although the gap has narrowed, it is still ongoing and exists. What causes this ongoing
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Whereas women go into education, nursing, and psychology. All fields compensate differently. A man in engineering may make a higher salary than a women in healthcare. The career choice process occurs throughout the life cycle as individuals make a series of decisions that have occupational consequences. Sociologists who examine the processes by which individuals choose careers have focused primarily on later stages when individuals actually choose to enter jobs rather than on the decisions to move into activities at earlier stages on the paths leading to specific careers. However, as noted above, gender differences in the selection of activities that constrain occupational choices often occur earlier in the life cycle. This is especially evident in the case of professions like engineering or the physical sciences must usually be made during the first or second year of college (Seymour and Hewitt, …show more content…
Job experience is a major factor in employment opportunities and wage rate. The more years one works the greater the opportunity to reap the benefits of higher earnings. So, for example, were one never to works, marketable human capital benefits would be zero, independent of how many professional or Ph.D. degrees one acquires. In a similar vane, dropping out of the labor force to bear and raise children reduces lifetime work years, which in turn decreases the potential rewards from human capital. These reward reductions decrease the value of human capital investment (Polachek,
Whereas women go into education, nursing, and psychology. All fields compensate differently. A man in engineering may make a higher salary than a women in healthcare. The career choice process occurs throughout the life cycle as individuals make a series of decisions that have occupational consequences. Sociologists who examine the processes by which individuals choose careers have focused primarily on later stages when individuals actually choose to enter jobs rather than on the decisions to move into activities at earlier stages on the paths leading to specific careers. However, as noted above, gender differences in the selection of activities that constrain occupational choices often occur earlier in the life cycle. This is especially evident in the case of professions like engineering or the physical sciences must usually be made during the first or second year of college (Seymour and Hewitt, …show more content…
Job experience is a major factor in employment opportunities and wage rate. The more years one works the greater the opportunity to reap the benefits of higher earnings. So, for example, were one never to works, marketable human capital benefits would be zero, independent of how many professional or Ph.D. degrees one acquires. In a similar vane, dropping out of the labor force to bear and raise children reduces lifetime work years, which in turn decreases the potential rewards from human capital. These reward reductions decrease the value of human capital investment (Polachek,