There Is No Male-Female Wage Gap
Recent studies have shown that the wage gap shrinks—or even reverses—when relevant factors are taken into account and comparisons are made between men and women in similar circumstances. In a 2010 study of single, childless urban workers between the ages of 22 and 30, the research firm Reach Advisors found that women earned an average of 8% more than their male counterparts. Given that women are outpacing men in educational attainment, and that our economy is increasingly geared toward knowledge-based jobs, it makes sense that women's earnings are going up compared to men's.
This seems intuitively obvious, but it's good to have data to validate it. So many more women than men are now in college that, at least until the higher education bubble bursts, women will inevitably do more of the types of jobs that Americans do nowadays. Even the good-'ol-boys-club jobs (finance and technology and such). I know a few female technology infrastructure engineers now. Only a few, but in this industry one represents progress.
This has implications for politics and economics. What happens when women dominate the economy? What happens when vast numbers of men are bitter and out of work? I don't know, but we'll find out.
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