Women Will Get it Done

In 2000, “female college graduates made 91% of what their male peers earned.” Today the gap has widened to the point that female college grads make 86% of what their male counter parts make. [Economic Policy Institute]

The following are fifteen college majors where men go on to earn significantly more than women.

  Median Base Pay for Men Median Base Pay for Women Pay Gap
Healthcare Administration 51,250 40,000 22%
Mathematics 60,000 49,182 18.0%
Biology 46,000 40,000 13.0%
Human Resources 50,000 44,222 44,222
Health sciences 45,000 40,000 11.1%
Biomedical engineering 60,000 53,450 10.9%
Industrial engineering 65,000 58,000 10.8%
Business 50,000 45,000 10.0%
Marketing 50,000 45,000 10.0%
Exercise science 44,232 40,000 9.6%
Statistics 60,000 54,469 9.2%
Physics 55,714 50,800 8.8%
Political Science 47,103 43,000 8.7%
Management Information
65,000 60,000 7.7%
Biochemistry 48,000 44,500 7.3%

From GenderAvenger Blog on a speech by Janet Yellen [5/10/17]:

“The sweeping movement of women from the home to the workplace during the mid-20th century, she said, was a ‘major factor in America’s prosperity’. But that progress has stalled in recent decades, leaving women less likely than men to hold paying jobs. Bringing more women into the work force with policies like expanding the availability of paid leave, affordable childcare and flexible work schedules, she said, could help to lift the American economy form a long stretch of slow growth.”

  • “Six of ten black women are in the workforce.”
  • “As of 2014, black women who worked full time and year-around had median annual earnings ($53,000) that were 64.6% of white men.”
  • “In 2012, black women owned 15.4% of all female-owned businesses in the United States.”
  • The number of black women with at least a bachelor’s degree has grown from 18% to 22% over the decade from 2004 -2014.
  • Roughly 25% of black women live in poverty as compared to 11% of white women.

[WP, 6/9/17]

For the first time since it was created, a woman has placed in the top ten of the Bloomberg pay index. Ginni Rometty, the CEO of IBM, with a 2016 pay package of $96.8 million sits at #6. [Bloomberg]

32 reasons to cheer. The 2017 Fortune 500, which we unveiled this morning, is a milestone for women in business: This year’s list includes 32 female CEOs—the largest number since Fortune began compiling the ranking in 1955. It’s a particularly cheering stat given 2016’s dismal showing, when women held only 21 of the top jobs, a drop from previous years.

“This year’s newbies include PG&E’s Geisha Williams—the first-ever Latina CEO to appear on the 500—Hershey chief Michele Buck, Mattel’s Margo Georgiadis, Synchrony Financial CEO Margaret Keane, and Progressive chief Tricia Griffith.

Of course, it’s not all rainbows and unicorns: Female CEOs still account for a mere 6.4% of the total list. And there are just two women of color: Williams and PepsiCo chief Indra Nooyi. But while corporate America still has a long, long way to go, it’s always worth taking a moment to celebrate progress.” [Fortune]

“Late last fall, Sophia Roosth, the Frederick S. Danziger Associate Professor in the History of Science at Harvard, sat in the back row of a packed auditorium at the university’s law school, where a gathering of experts discussed the ethics of growing human embryos in a lab.

“For more than three hours, the panelists delved into the scientific, legal, and ethical considerations surrounding the current guidelines for growing human embryos. They also discussed synthetic embryos — embryo-like entities that scientists are starting to grow with stem cells rather than using a sperm and an egg from human bodies.

“It was a wide-ranging discussion notable both for its importance and for its surprisingly one-sided perspective: The panelists numbered nine, and all of them were men.” [GenderAvenger Blog, 6/8/17]