The main reason that women spend less time at work than men—and that women are unlikely to be the richer sex—is obvious: children. Today, childless 20-something women do earn more than their male peers. But most are likely to cut back their hours after they have kids, giving men the hours, and income, advantage.
Friday, April 27, 2012
"Why Women Make Less than Men"
"Are we really in the midst of what Pew [Research Center] calls a 'gender reversal'?" asks Kay Hymowitz in the Wall Street Journal. "One stubborn fact of the labor market argues against the idea. That is
the gender-hours gap, close cousin of the gender-wage gap." She cites studies from the U.S. to Sweden suggesting that "the famous gender-wage gap is to a considerable degree a gender-hours gap." Simply put, women more often than not choose to work fewer hours than men once they have children:
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