There is No Gender Wage Gap
5-Minute Videos | PragerU
PragerU
4.8 • 6.9K Ratings
🗓️ 10 January 2019
⏱️ 5 minutes
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| 0:00.0 | If for the same work women only make $0.77 for every dollar a man makes, why don't businesses |
| 0:05.7 | hire only women? |
| 0:07.6 | Wages are the biggest expense for most businesses, so hiring only women would reduce costs by |
| 0:12.3 | nearly a quarter, and that would go right to the bottom line. |
| 0:15.6 | Don't businesses want to be profitable? |
| 0:18.0 | Or are they really just bad at math? |
| 0:20.5 | Well, actually, it's the feminists, celebrities, and politicians spreading this wage cap myth |
| 0:26.4 | who have the math problem. |
| 0:28.2 | Here's why. |
| 0:29.8 | The $0.77 on the dollar statistic is calculated by dividing the median earnings of all women |
| 0:36.0 | working full-time by the median earnings of all men working full-time. |
| 0:40.5 | In other words, if the average income of all men is, say, $40,000 a year, and the average |
| 0:46.3 | annual income of all women is, say, $30,800, that would mean that women earn $0.77 for |
| 0:53.0 | every dollar a man earns. |
| 0:54.6 | $0.30,800 divided by $40,000 equals 0.77. |
| 0:58.9 | But these calculations don't reveal a gender wage injustice, because they don't take |
| 1:04.2 | into account occupation, position, education, or hours work per week. |
| 1:10.0 | Even a study by the American Association of University Women, a feminist organization, |
| 1:15.7 | shows that the actual wage gap shrinks to only $0.6 when you factor in different choices |
| 1:21.4 | men and women make. |
| 1:23.0 | And the key word here is choice. |
| 1:25.5 | The small wage gap that does exist has nothing to do with paying women less, let alone with |
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