Reply to Do women actually make more money than men in 2024

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Women get more education but are more likely to major in unprofitable things and struggle to repay their loans.  [b]They are also more likely to drop to part time or take career breaks.[/b]  So men still make more.  The gap is narrowing or may reverse over time.

If it reverses, expect that instead of women whining endlessly about not making enough instead they will whine endlessly about men not pulling their weight.

It’s hard to know exactly how it will shake out other than whining will be in the cards.[/quote]

Huh, I wonder why the bolded is true? What could it be, what could it be? I wonder if there is some reason that women often seek less-than-full-time positions or end up out of the workforce for extended periods. Some external factor that we aren't thinking of. I just don't know.[/quote]

My understanding is the pay gap exists even when studies control for absences due to child rearing. I’m 46. I make less than DH but came in to our marriage with a lot more money (inheritance) and started working about a decade before he did (while he earned his PhD). So my 401k is better and if you include dividends from investments I have a higher income than he does.
Among my 4 closest friends, one earns equally to her husband, one left her job as a consultant to be a mother, one is divorced and earned less than her husband at the time of divorce but now earns more than him, and one (vp in finance) drastically out-earns her husband (elementary school teacher). [/quote]

Ok, so you've got a supposed stat with no cite (that you aren't even sure of) and some anecdata. Useful.

The point is you can't just say "women are more likely to go part time or take breaks from working" as an explanation for the pay gap without discussing WHY women go part time or take breaks from working. It's not because they are lazy, it's because they do a disproportionate share of unpaid labor in the home, especially around kids.

But in any case, the motherhood penalty can impact women who aren't mothers-- in some fields women can be passed over for more responsibility or promotion because of a belief that IF they be one moms, they'll check out or quit. And since most women do have kids, this leads to thinner ranks of women in upper levels where some of this bias could be addressed. The women who do survive into the C-suite or other leadership also often have survivor bias (if I can do it, why can't you) and therefore don't push for changes that could result in more women moving up.

It's all interrelated. You and your friends might all outearn the men in your lives, but most women don't, and women with young children are least likely to outearn men with young children (.62 to the man's dollar).[/quote]

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