Question

Is there a "GENDER WAGE GAP"? Explain. Do the employment choices differ between men and women? If so, why? How do the following productivity-related factors differ between men and women, and how might they contribute to the wage gap, if at all: continuous employment experience, education, and physical strength?

Answer 1

The gender pay gap or gender wage gap reflects the average disparity in the remuneration for working men and women. Women are usually seen as paying less than men. There are two different pay gap numbers: Unadjusted versus Adjusted pay difference. Typically, the latter takes into consideration variations in working hours, identified professions, schooling and job experience.

ome people remember that the widely cited gender-wage gap indicators do not regulate the demographic characteristics of workers (such indicators are also classified as unadjusted). They believe that the "unadjusted" gender wage gap may simply represent other factors, such as educational rates, experiences in the labor market and occupations. And since gender wage differences that are "adjusted" to the characteristics of employees (through multivariate regression) are often smaller than unadjusted steps, people generally assume that gender inequality in the American economy is a smaller issue than they assumed.

Men are larger shares in some types of work, or professions, and women have greater shares of others. Some argue that much of the gender wage gap is clarified by these disparities in how men and women are allocated through occupations. In reality, this explains some of the distance, but not almost as much as is expected. And even though we minimize the size of the difference measured by accounting for occupational distributions, this doesn't mean that the remaining difference offers a full view of the effect of sexism on women's wages. Gender inequality does not exist only in employers 'pay-setting policies that give salaries to almost the same same gender workers.

You may assign part of the gender wage gap to college major. Women are more likely to become major in subjects such as education and the arts, and after graduation, these majors are correlated with lower-paid jobs. At the same time, fewer major women in STEM (science, technology, engineering and mathematics) subjects associated with the most lucrative jobs While college major does not always decide employment after graduation, there is a correlation between major and wage in the workforce.