Posted on 05/16/2014 9:09:03 AM PDT by SeekAndFind
One of the most shocking findings from Heidi Shierholz’s, Will Kimball’s, and my research on young graduates is that inflation-adjusted wages for young female college graduates are lower today than they were in 1989. Average real wages for young female college graduates are currently $15.29, whereas 25 years ago they were $16.12 (in 2013 dollars) — a decrease of 5.2%.
This is part of a wider trend of wage stagnation and decline since 1989 for both men and women. For all college graduates ages 21-24 (male and female combined), wages today are only 2.4% higher than they were in 1989. This growth was driven entirely by the prosperous economy of the late 1990s, when young grads of both genders saw wage increases of close to 20%. Outside of that time period, however, wages have stagnated or declined, with women seeing especially large declines in the 2000s.
The figure below illustrates how the weak economy since 2000 has disproportionately hurt young women college grads’ wages as compared to men’s. Although women saw wage gains in the 1995-2000 period of strong economic growth, women’s wages have declined by 14.2% since 2000, with most of that loss in the period since the start of the Great Recession in 2007. In fact, since 2007, young women college grads have seen their wages fall 10.1%, while men’s wages declined 4%.
(Excerpt) Read more at businessinsider.com ...
My response: So what?
Why the focus on women, then? Should they not be subject to the wider trend?
supply and demand
there are far more college grads seeking fewer jobs
When you have a surplus of something it’ll naturally go down in price. Women outnumber men in almost every college in this country and graduate at a higher rate. They almost never go for the hard sciences, engineering, information technology and the like.
How much of this is due to higher percentages of them graduating with worthless degrees in “Grievance” studies?
War on Women...
Income Inequality....
Government needs to FORCE wages to rise....
Yadda, yadda, yadda...
I was just going to post that very thing. How much of this ‘problem’ is women who’ve majored in art history, sociology and other majors that have negative career opportunities compared to STEM majors?
yeah, they go for medicine and nursing, and law, etc...the easy stuff..../sarcasm/
My mom, bless her heart, used to rant about this topic: “I don’t believe in the girls taking the scholarships away from the boys,” she would say. “And then they take the jobs away from the boys, and they work three or four years and quit.”
If they get their rears back in the kitchen, they wont have to worry about that.
“Why the focus on women, then? Should they not be subject to the wider trend?”
Interesting you should ask. Take any news story. Let’s say a huge Tornado strikes Topeka and 2,500 are killed. The news will interview Mrs. Standish who was baking a cake. Her house was destroyed and she lost the cake. Then they’ll switch to some colorful half naked pot-bellied guy who describes some minutiae of the event and then tries to ask out the news presenter. Somewhere in the voice-over rush they may mention 2,500 are killed. But they try to personalize the news as that’s how they’re taught to do it in college. Frankly, I haven’t watched a news story in nearly two decades because they’re so badly done. I read the article and skip over the bits where they personalize it with an interview with some idiot.
Yep 25 years of RINO/GOP-e and Dem “Leadership” will do “it” for ya.
And social work, renaissance literature, education, womyn’s studies, journalism, art history, theatre, Africana studies, etc. Or do you deny it?
The difference between men and women is probably that more men major in math and the sciences and computer science - majors that lead to well-paying jobs - whereas a higher percentage of women major in the humanities, which typically pay less.
Not surprising. More of ‘em, competing for fewer jobs, and many with worthless degrees is this-or-that “studies”.
In the ongoing Baraqqi Depression, most of them are working at Kohls, Target, or Macys.
No surprise here.
...degrees IN this-or-that studies.
They also have to compete with illegals and their “degrees” from National Autonomous University
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