White Males Still Earn Considerably More Than Women, Minorities

At a time when Americans are congratulating themselves for having a diverse field of political candidates, its business leadership still doesn't equally value diverse employees and managers. In fact, progress for women and minorities in both pay and power has stalled or regressed at many of the U.S.'s biggest companies. This inequality shapes perceptions about who can or should be a leader.

More than 40 years after job discrimination was outlawed in the U.S., the wage gap between white men and just about everyone else persists. The one exception is Asian-American men, whose median wages were just 1% less than those of white men who worked full-time, year round, according to the Bureau of Labor Statistics survey in 2005, the latest year for which this data are available.

Black men, by contrast, earned 74% of the wages of white males; Hispanic men earned 58%.

Women, overall, are substantially lagging behind men in pay. Fulltime female employees earned 77% of all men's median wages. Breaking it down in terms of race, Asian-American women earned 78% of the median annual pay of white men; white women earned 73%; black women, 63%; and Hispanic women, 52%.

There are, of course, many theories about the reasons behind the pay discrepancies. Women may take time off to care for children so they don't build up the tenure that leads to promotions and higher salaries, or they don't demand raises as often as men do because they've been socialized not to be assertive, or they don't have the right skills for the best-paying jobs.

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Comments

[themodernleader]

In our public bureaucracies, including hospitals women make more money and benefits than their male counterparts in private employment. It is common for the woman to carry the insurance for the entire family as the man works in a private organization that provides no insurance. Statistics can be manipulated to prove almost anything.

[sjarodet]

NO surprise but DEPRESSING never the less.

[godlessclif]

http://www.youtube.com/watch?v=7sNJhX0x7yI&feature=related
Money by Monte Python

White anglo saxon males have the money to hire themselves and others like them.

If minorities had the money they would do it too.

[olephart]

"the wage gap between white men and just about everyone else persists."

YES! I mean, that's regrettable, something should be done about that immediately. I'll put HR on that tomorrow. For equal pay all you need is a Ph.D., 40 years of experience in Academia, Government and Industry and the ability to run both the manufacturing and R&D portions of the Company.

Disclaimer:

I am not now nor have I ever been a member of the Republican Party.

[themodernleader]

The gap between genders, races, ages, or even religions become insignificant when we acknowledge the lost of power of our once supreme middle Americans in the work place as Darwanian Capitalism has swept away work place, benefits, safety-health protections, wages and jobs. This power has shifted to owners, speculators, and a new meritorous class of public, civil servants. Owners and speculators have emasculated our domestic corporations and financial system. As our private institutions decline, civil servants of our public institutions become more powerful and threatening to democratic government. Our public instutions are becoming increasingly governed by civil and educational servants rather than Citizen Boards. Our Modern Mandarians have become our masters rather than our servants.
The failure of our Boards of Education, Boards of Higher Education, Police and Fire Department Boards, Human and Social Department Boards, and the oversight Committees of the Federal Government and our elected executives is most astounding in allowing or even condoning the authority of bureaucrats to replace the rule of our citizentry through their elected representatives.
We ignore the concentration of political power in bureaucracy and economic power in monopolies of predatory capitalism at our common peril.

[atlantajoe]

For some reason, I don't find anything wrong with this story exept the theory that women have been socialized to be meek, that part is bull.

[godlessclif]

Do you think women are born that way, or are they all born lesbians and we beat the toughness out of 95 percent of them?