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An Economist Explains: Why Women Get Paid Less
Video

An Economist Explains: Why Women Get Paid Less


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Editorial Rating

8

Qualities

  • Controversial
  • Analytical
  • Overview

Recommendation

When an emotional, controversial topic has weighty influence on people’s lives, it can become a breeding grounds for bias, prejudice, skewed statistics and quibbling over facts. At the confluence of gender issues, money and work, the gender pay gap is one such issue. Regardless of where you stand on the gender pay gap divide, you’ll find some evidence here to support your point in this World Economic Forum video featuring Laura Tyson, an economist at UC Berkeley’s Haas School of Business.

Take-Aways

  • Women often earn less than men with equivalent education and experience, even when working for the same company.
  • Worldwide, women make about 54 cents for every $1 that men earn, but prejudice isn’t the only reason for this.
  • Women tend to opt for lower paying jobs like teaching, while men dominate more lucrative fields like engineering.

About the Speaker

Economist Laura Tyson is a professor at the Haas School of Business at the University of California, Berkeley.


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