Good News: Ladies Can Close the Wall Street Wage Gap by Shining Shoes

gender gap

Editor’s Note: Depressing, yet unsurprising story on Jezebel, via Bloomberg Businessweek, comparing salary figures for men versus women. Data culled from U.S. Census figures says the median female salary exceeded the amount paid to men in only one of 265 “major occupations.” The census data underscore the lack of financial progress made in the years since women began leaving the home and moving into the workforce in large numbers.

At the rate workplace gender equality is improving, women won’t get paid as much as men until 2056. Which is a shame, as most of us will be retired by then if not, you know, dead.

Bloomberg compiled a bunch of census data and found that only one of 265 major occupations pays a larger median salary to women: personal care and service workers. Hooray: butlers, valets, house sitters and shoe shiners earn $1.02 for every $1 their male counterparts make. But before you jump out of your chair with joy to punch that glass ceiling, note that the (male) chairman of the International Institute of Modern Butlers thinks this is because women are more “nurturing” and better “eye candy.” Sitting back down? Here’s how bad it is in other sectors:

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Also see Shining Shoes Best Way Wall Street Women Outearn Men from Bloomberg Businessweek and NEW POLL: Americans See Progress in a Closing Gender Gap; Women and Men Willingly Make Trade-Offs to Balance Work and Family Life.

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