Pardon My Ignorance Episode 2: How the Gender Wage Gap Is Caused
I have always been curious as to why the gender wage gap exists. What causes it? Is there a consistent wage gap across all industries? Exactly how much do women make compared to men? To shed some light on this phenomenon, I am joined by Dr. Kirsten Cornelson, assistant professor of economics at the University of Notre Dame.
What I came to realize in the conversation is how complex an issue the wage gap is. We explore a plethora of factors that contribute to the wage gap.
Conversation Timeline:
2:11 - Stat: Women earn $0.79 for every $1.00 a man earns. How is that figure calculated?7:33 - How educational choices impact career trajectories 11:55 - What kinds of time demands come with jobs typically chosen by men vs. women?17:33 - Gender assignment at an early age and how it can impact career choices later in life 25:23 - How abilities and preferences affect the labour market33:45 - How and why the wage gap varies in certain industries37:19 - How does the business of ‘people skills’ affect the wage gap? 39:57 - The role of discrimination in the wage gap 52:06 - Household responsibilities and the family role1:07:26 - How broader economics would be affected by gender pay equality
Thanks for listening, leave a comment with any thoughts, and if there were any important questions I didn't ask, pardon my ignorance.
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