Thursday 2 July 2009

Womenomics

There have been many studies demonstrating the earnings gap between men and women; however a recent study by the Department of Sociology at Queens College in New York showed that full time female employees in their 20s were earning more than males same age, in large cities like Chicago, Boston, Minneapolis and New York. In Dallas 20% more than men, in New York 17% more.

But, and you knew there was a but, after age 30 women were no longer ahead.

The growth in women’s earnings has only occurred in the last 7 years, that the average earnings reduce after 30 is probably caused by women reducing or ceasing work to bring up families.

Still, these results augur well for our daughters since there is a definite narrowing of the gap and an increase in education for all women.

For more on women in NZ and the gender gap refer to page 3 of my latest newsletter by clicking here.

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