The real wage gap is the one favoring young single women. Why does the media continue to lie about this issue? So much for demanding equal pay. As you control for more and more of the relevant variables that affect earnings so that you can make a true “apples to apples” comparison of wages, the male-female wage gap starts to narrow significantly and often completely disappears (or actually reverses) as both Andrew Biggs and June O’Neill point out today on the AEIdeas blog. For example, a labor market study in 2010 actually found statistical evidence of a reverse gender pay gap in favor of women. That’s right. James Chung of Reach Advisors spent more than a year analyzing wage data from the Census Bureau and found that in America’s largest cities, single, childless women under the age of 30 earned 8% more on average than their male counterparts (see Time Magazine article here). In some cities like Atlanta, the wage premium in favor of women was as high as 21% (see table below).
Posted on: Tue, 28 Jan 2014 14:02:49 +0000
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