BCN-02 US gender wage gap narrowed significantly since 1980: study

230

ZCZC

BCN-02

US-ECONOMY-EMPLOYMENT

US gender wage gap narrowed significantly since 1980: study

WASHINGTON, Jan 31, 2020 (BSS/AFP) – American women are catching up to men, at least in terms of wages, according to a study published Thursday showing the pay gap between the sexes has narrowed considerably since 1980.

Wage gains for women have been driven by the rapid increase in jobs requiring “social” skills and higher skills, such as critical thinking, where women now represent a majority, according to the report by the Pew Research Center, an independent American research institute.

In less than 40 years, the average hourly wages of women have jumped 45 percent, to $22 dollars in 2018 from $15, while pay for men increased 14 percent in that period.

But men’s wages remain above what women earn at $26 an hour, and women still comprise a smaller share of the workforce.

“The growing presence of women in higher-skill occupations has contributed to more rapid wage growth for them in recent decades compared with men, and this helped to narrow the gender wage gap,” the report said.

Women are better represented in the most demanding jobs requiring social skills (coaching, therapists) and “fundamental” or critical thinking skills (neuropsychologists, science teachers, lawyers), careers that grew rapidly during this period.

The report attributes the persistent, though narrower, gender pay gap to a variety of factors, some of which are measurable, like job skills, education level, work experience, union membership and hours worked.

“Others such as discrimination, differences in professional networks, and responsibilities associated with motherhood and caregiving are difficult to measure,” the report said.

And while the gender wage gap has faded, in 2018 the labor force participation rate of prime age women (25-54) was 75.3 percent compared to 89 percent for men, according to the Labor Department.

BSS/AFP/MMA/0913HRS