In US, Women's Wages Rise Faster Then Men's

RedTracker| As expected, new data from the bureau of Labor Statistics show that over the past two years, the wages of the median woman — at the statistical middle — rose 3.2% when adjusted for inflation. Wages of the median man rose 2%. Minority men were particularly hard hit, while minority women and highly educated women of all races did better.

The typical full-time female worker earned $657 a week in the third quarter, the BLS said. The typical man earned $812 a week. Men are more likely to be unemployed, though: The male jobless rate is 11%; for women, it’s 8.4%

Economists cautioned that the wage numbers and the increases don’t reflect the large numbers of workers who aren’t working at all.

“This is a situation where everyone’s losing but men are losing more, and that’s not really a victory for women,” said Heidi Shierholz of the Economic Policy Institute, a left-leaning Washington, D.C., think tank.

via WSJ: Women’s Wages Outpaced Men’s During Recession