General Discussion
In reply to the discussion: A Woman’s Lifetime Earnings Lost To Pay Gap Could Feed A Family Of Four For 37 Years [View all]HiPointDem
(20,729 posts)earnings loss due to the "77% gap" factor, they admit that all but 9% of gap is explicable:
9. More than 40 percent of the wage gap cannot be explained by occupation, work experience, race, or union membership. More than one-quarter of the wage gap is due to the different jobs that men and women hold, and about 10 percent is due to the fact that women are more likely to leave the workforce to provide unpaid care to family members. But even when controlling for gender and racial differences, 41 percent is unexplainable by measureable factors. Even if women and men have the same background, the wage gap still exists, highlighting the fact that part of the discrepancy can be attributed to gender-based pay discrimination.
The gap = 23% or we can say $23 out of $100. Sixty percent of it is explicable by occupation, work experience, etc.
That leaves 40%. 40% of $23 = $9 out of $100 or 9%.
The authors say the exact same thing as posters on this thread have been saying, they just say it in a less straightforward way.
The actual "wage gap" that's inexplicable by other factors is less than 10%, and the $430,000 lifetime earnings gap is pretty much bogus.