Gains Made in Equality of Incomes in Downturn (male/female)

[alp227]

Source: The New York Times

The recession was bad for everyone, but women experienced at least one silver lining: Their median earnings edged a bit closer to men’s.

The progress was bittersweet, however. It happened not because women earned more, but because men earned less, according to an analysis of new Census Bureau data.

Median earnings for men, adjusted for inflation, fell by $2,433 — or 6 percent — from 2007 to 2010, according to the analysis, by the American Human Development Project, a social research organization. Women’s earnings, meanwhile, fell by just $253 in the same period, a drop of 0.9 percent.

For men, it was another sad chapter in the painful tale of the recession, which officially ended in June 2009 and battered them more ferociously than it did women. For women, whose economic fortunes have been on a slow but steady rise relative to men’s since the 1970s, it was a small, if unsatisfying, victory.

Read more: http://www.nytimes.com/2011/10/01/us/recession-struck-inadvertent-blow-for-womens-equality.html

[Fearless]

1. How about raising women to men and not dropping men to women?

:banghead:

[No Elephants]

7. Sorry, that is not how our plutonomy works. Now, please do sit down and be quiet.

[Fearless]

12. No thanks.

[Cool Logic]

2. It depends on the woman...

http://4.bp.blogspot.com/_JVKwuu3s9Vs/TEd5HzwPDkI/AAAAAAAAABU/c7KKe_HlpmE/s320/Andrea+Jung.jpg

[No Elephants]

8. "Depends on the woman," my ass.

[DavidDvorkin]

3. It's absurd to call this a gain.

[Gormy Cuss]

4. It's a marvelous spin, isn't it?

It's a gain where everyone loses.

[No Elephants]

9. Yep

[lunasun]

5. This is not progress , what a sad way for women to get closer to men in $alary!!

look at the direction most all are heading salary wise!

[Solly Mack]

6. Wha??? Seriously? "Progress"? Snort

[No Elephants]

10. Bittersweet? What was the sweet part again? Sabrina Tavernise is an ass.

[Quantess]

11. Congratulations, you win the Booby Prize.

No pun intended.