Income Inequality Cont Oct 14

Income Inequality Cont Oct 14 - Income Inequality Cont....

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Income Inequality Cont. Part 2 14:23 1. Income inequality and jobs Prestige Education Skills – refers to abilities that one picks up on the job, jobs that are highly  skilled pay higher. Skills tend to be occupation and organization specific.  Workers who have more on the job experience are more highly skilled so they  tend to earn more money than the ones that are just entering the job market.  Older workers usually earn more than the younger workers because of their  skills.  Unions – occupations that are unionized pay more than the ones that do not.  The median hourly pay for union workers (2001) is $21 for non-union workers  is $16. There is a 30% difference. Women are strongly underrepresented in  unions.  All of these features are also influenced by race and gender. For analytical  reasons, these issues are kept separately.  2. Income inequality and gender : the median $42,000/year for full-time working  men, the median for women is $32,000/year for full-time worker. This is called the  wage gap since women are earning less than men. This only includes full-time  workers in the labor force who work at least 35 hours/week and work 52  weeks/year. The wage gap ranges from 0.73-0.78. The wage gap still exists even  with the same level of education for both men and women. Page 198, figure 3 
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 08/31/2009 for the course SOC 359 taught by Professor Williams during the Fall '09 term at University of Texas at Austin.

Page1 / 3

Income Inequality Cont Oct 14 - Income Inequality Cont....

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online