The Truth About the Wage Gap
Why does the wage gap persist, despite both legislation and a cultural shift that encourages women to participate in the workforce with the fervor of a thousand exploding suns? The gap has barely budged over the last decade or two, stagnating somewhere in the low 80% range.\nI had to crawl into some objectionable online spaces that are expressly \u201canti-women\u201d to find out (so you don\u2019t have to!)\u2026and the consensus I found there was dizzying.\nI'm also joined by Ellevest's CEO Sallie Krawcheck\u2014and, I have to say, this conversation is a must-listen.\nTranscripts can be found at podcast.moneywithkatie.com\n\u2014\nMentioned in the Episode\n\nEconomic historian Claudia Goldin's work: https://podcasts.apple.com/us/podcast/women-at-work/id1336174427?i=1000403279400\n\n\nUS Bureau of Labor Statistics data on the wage gap: https://www.bls.gov/opub/ted/2022/median-earnings-for-women-in-2021-were-83-1-percent-of-the-median-for-men.htm\n\n\nBLS "time use studies": https://www.bls.gov/news.release/pdf/atus.pdf\n\n\nHarvard study on the dynamics of the gender wage gap: https://scholar.harvard.edu/files/goldin/files/dynamics_of_the_gender_gap_for_young_professionals_in_the_financial_and_corporate_sectors.pdf\n\n\nUS News ranking and methodology for countries and gender equality: https://www.usnews.com/news/best-countries/articles/methodology\n\n\nParental leave data from the Organization for Economic Cooperation & Development: https://www.oecd.org/els/soc/PF2_1_Parental_leave_systems.pdf\n\n\nBLS employment characteristics from 2022: https://www.bls.gov/news.release/pdf/famee.pdf\n\n\nPew Research on stay-at-home parents in the 1970s: https://www.pewresearch.org/social-trends/2014/04/08/after-decades-of-decline-a-rise-in-stay-at-home-mothers/\n\n\n\nCosmopolitan essay from Laura Kipnis on why maternal instincts are BS: https://www.cosmopolitan.com/sex-love/a37568/why-maternal-instincts-are-bs/\n\n\n\n\n\u2014\n\ufeffFollow Along at Money with Katie: https://moneywithkatie.com/\nWatch on YouTube: https://www.youtube.com/@MoneywithKatie\n\nFollow Money with Katie!\n- Instagram: https://www.instagram.com/moneywithkatie/\n- Twitter: https://twitter.com/moneywithkatie\n\xa0\nSubscribe to The Money with Katie Newsletter\n- Sign up for free today: https://www.morningbrew.com/money-with-katie/subscribe/2\n\nFollow the Brew!\n- Instagram: https://www.instagram.com/morningbrew/\n- Twitter: https://twitter.com/MorningBrew\n- TikTok: https://www.tiktok.com/@morningbrew\nLearn more about your ad choices. Visit megaphone.fm/adchoices