Women,in general, could earn less than men for the next 150 years because of discrimination and ineffective government policies, according to leading economic analysts.
The salaries of today’s young women are still less than those of their male colleagues, and the inequality has changed little this decade.
In the report by the Centre for Economic Performance (CEP), at the London School of Economics, the imbalance has been blamed on women who take maternity leave and work part-time after having children.
However, it also challenges the effectiveness of recommendations made earlier this year by the Women and Work Commission, which was set up by the Government in 2004 to tackle unequal pay.
The report on women’s salaries found that even those who worked full-time and did not take career breaks would earn 12 per cent less than their male counterparts after ten years.
It said:
“We are used to each generation of women making progress relative to the one before. But this process has slowed with the current generation doing only slightly better than the previous one."
Similar numbers of women and men were in work aged 20. But by the age of 30, there was a 20 per cent gap between the numbers of male and female workers, indicating that most women still take time off when they have children.
Alan Manning, the author of the report, said: “The problem is not that women are choosing one career, such as hairdressing, rather than another, such as plumbing. It is that they are continuing to choose family over career at some point in their life.
When Women they return to the labour market they often work part-time. This reduces job security, and inevitably the women earn less.
Can you add the link to this article please?
ReplyDeleteI find Alan Manning's quote interesting... what does he mean by "The Problem is..."
So it seems like it's the need for women to take a maternity leave, which really restricts their contribution towards the economy :S. I find it to be quite unfair since not all women of the world want to have kids, and would rather pursue their careers than raise a family ^^
ReplyDeleteyeah i agree... but what i think Alan Manning is saying is that the fact that women choose family messes with the results. the choice of family means that the way we judge economic contributions will always be unequal for purely mathematical reasons.
ReplyDeletehow can we change the way we think about the contributions to the economy that women make?