ADDITIONAL INFORMATION ON THE GENDER GAP IN EARNINGS
According to a 2007 report
prepared for the Labor Department by CONSAD Research Corporation, women
-- though they constituted only a small percentage of Fortune 500 CEOs
-- accounted for 51 percent of all workers in the high-paying
management, professional and related occupations. For instance,
women outnumbered men as financial managers, human resource managers,
education administrators, medical and health services managers,
accountants, and auditors. As journalist Kathleen Parker noted about the CONSAD study:
"[Most] wage differences can be explained by 'observable differences in
the attributes of men and women,' including, among many, the fact that a
greater percentage of women than men take leave for childbirth and
child care, which tends to lead to lower wages. Also, women may place
more value on 'family-friendly' workplace policies and prefer non-wage
compensation, such as health insurance or flexibility.
"The statistical analysis, which included these and other variables,
produced an adjusted gender wage gap between 4.8 percent and 7.1
percent. The gap shrinks to almost nothing when men and women of equal
backgrounds and tenure are compared, according to another study of
young, childless men and women."
In 2009 the Labor Department commissioned an analysis of more than 50 peer-reviewed wage-gap papers and concluded
that the aggregate wage gap "may be almost entirely the result of the
individual choices being made by both male and female workers." American
Enterprise Institute scholar Christina Hoff Sommers reported:
"In addition to differences in education and training, the review found
that women are more likely than men to leave the workforce to take care
of children or older parents. They also tend to value family-friendly
workplace policies more than men, and will often accept lower salaries
in exchange for more benefits. In fact, there were so many differences
in pay-related choices that the researchers were unable to specify a
residual effect due to discrimination."
Added
Sommers in September 2010: "A recent survey found that young,
childless, single urban women earn 8 percent more than their male
counterparts, mostly because more of them earn college degrees."