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3 in 3

The Gender Wage Gap

3 in 3

Louder with Crowder

Education, Politics, News

5.0525 Ratings

🗓️ 21 August 2024

⏱️ 3 minutes

🧾️ Download transcript

Summary

3 key facts about the gender wage gap in 3 minutes or less.

Check out the reference documents here: http://www.threekeyfacts.com

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to 3 and 3.

0:05.2

Three key facts in three minutes or less on the topics you care about most.

0:12.1

The gender wage gap.

0:14.1

Key fact number one.

0:15.6

The origin of the off-sighted 77 cents on the dollar statistic.

0:19.8

The commonly cited statistic that females earn 77 cents on the dollar statistic. The commonly cited statistic that females earn 77

0:22.7

cents on the dollar compared to males for the same work stems from a 2011 U.S. Census Bureau

0:27.9

report that stated, in 2010, the female-to-male earnings ratio of full-time year-round workers

0:34.2

was 0.77. This statistic has been widely parroted by those in media,

0:39.6

intelligentsia, and even in a summer 2012 campaign ad for Barack Obama during his second-term

0:44.9

run for the White House. This statistic, however, merely and broadly compares the salaries of

0:50.7

all working men to that of women working in all fields. Make no mistake, when you hear

0:57.3

the 77 cents on the dollar statistics cited, this is that to which they are referring.

1:03.7

Key fact number two. The disappearance of the gender wage gap when accounting for job choice,

1:09.0

education, and experience. A comprehensive study by Forbes found that when accounting for job choice, education, and experience. A comprehensive study by Forbes

1:12.4

found that when accounting for performing the same job, with comparable levels of experience,

1:16.9

qualifications, the gender wage gap between male and female workers completely disappears.

1:22.1

And according to some studies, such as those out of New Zealand and Australia, when it comes to

1:26.1

high earning careers, women sometimes actually earn more than men.

1:30.4

The more comprehensively this field was studied,

1:32.5

the more apparent it became that the wage gap is largely, if not entirely,

1:36.7

explained by the choices individual workers make.

...

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