Women winning fight for equal pay
A study released yesterday by the business supported Employment Policy Foundation reveals that the pay gap between men and women is narrowing and may soon disappear, and that despite making up only forty-seven percent of the American workforce women hold forty-nine percent of managerial and professional jobs. The AFL-CIO was quick to counter that many women still face discrimination in the workplace, and women?s research group Catalyst pointed out that at the very top of the ladder only a handful of women are CEO?s and they still experience massive pay inequality when compared to their male counterparts. A study by professors Francine Blau and Lawrence Kahn of Cornell University's ILR School confirms that overall gender-based pay inequality has indeed decreased, as does a study by Jane Waldfogel of Columba University which shows that the gap has narrowed the most for childless women and especially workers in their twenties and thirties.
See "Women winning fight for equal pay", PERONET DESPEIGNES and NANCY DUNNE, Financial Times, September 1, 2002