Friday, April 17, 2009

Wage Gap Threatens Economic Recovery

By Liz O’Donnell

Economists are predicting the number of women on the national payroll will surpass the number of men in 2009 due to the fact that 82 percent of recession-related job losses have impacted men. This news has sparked many discussions about how gender roles may or may not be affected in traditional American families. Will Dad now run the household while Mom earns the income? Will Mom still do 17 hours of housework per week?

While who washes the dishes may be of great concern within the four walls of any couple's kitchen, there is an issue of much greater importance that hasn't been talked about. Women still earn, on average, just 78 cents for every dollar a man earns. Plus, the number of women in the top paying jobs is trending downward based on a comparison of how many women held executive positions in 2008 versus 2007. This means while American families sort out who will take out the trash and who will scrub the toilet, they also need to figure out how they will live on less income. Mom and Dad may be able to swap chores, but they still can't swap earning potential.

Those who think pay inequity is caused by women who opt out of full time, fast track careers may continue to think this is a women's issue brought about by choice, therefore affecting only women. But a shift on the national payroll will affect all Americans: women, children and men. It is important that we take note of this, especially in light of the current economic climate. Women are consistently paid less than men for the same work, and when it becomes those women that are the financial heads of households, it is entire families that suffer, likewise when women are boxed out of the top-earning jobs.