Apparently, the economic downturn has not just cost millions of workers their jobs – according to the Pew Research Center in their recently released study, “The New Economics of Marriage: The Rise of Wives,” it has also brought about a gender reversal of employment trends.
While men accounted for about 75 percent of the 2008 decline in employment among prime-working-age individuals, the percentage of women in the workforce increased from 46.5 percent to 47.4 percent.
This can be attributed to the fact that women these days have a higher educational attainment than men and their mates — 53.5 percent of all college graduates are women! Likewise, in 2007, as much as 22 percent of husbands had wives who brought home more income than they did.
However, even with laws such as the Equal Pay Act and the fact that more than half of today’s work force are women, women still less than men. Women’s median income only comes to 80 percent of men’s (although it’s 87 percent in California) and there is a noticeable lack of top female executives in top companies.
While frankly, breaking the glass ceiling and closing the gender gap is long overdue, the workforce can’t continue to discriminate against half of its population.
Here is a really interesting article on how women can get ahead in the workplace: “Women on Top: How to Get Equal Pay and a Promotion”.