Monday, September 23, 2013

Wall Street Journal, September 17, 2013, Tuesday

Wall Street Journal

September 17, 2013, Tuesday

Wall Street Journal (full article)

Male-Female Pay Gap Hasn't Moved Much in Years

The wage gap narrowed steadily through the 1980s and 1990s but the convergence slowed in the early 2000s. That may signal that two factors credited with advancing gender pay parity — education and legislation — lost some of their firepower.

“Women’s increasing education is certainly a plus, but it’s not enough to totally change these trends,” said Francine Blau, an economics professor at Cornell University. “The really golden period was the 1980s, when the wage gap was consistently narrowing. Since then, progress has continued, but it has been more fitful and uneven.”