Research found that pay gaps between men and women are often wider in traditionally high-paying occupations
A full-time female employee earned 82.5% of what a man earned in 2014, up considerably from 1979, when women made an estimated 62% of what men did. While this is certainly an improvement, progress has slowed between 2000 and 2014. In many of the largest occupations in the country, women earn close to what men do on a weekly basis. In others, however, the disparity remains closer to the 1979 levels.
Median weekly earnings among female workers in all of the 10 occupations with the widest gender pay gap were less than three-quarters of what males earned. The typical female personal financial advisor brought in just 61.3% of her male counterpart’s earnings in 2014, the widest pay gap among all occupations reviewed.
Based on the Current Population Survey from the Bureau of Labor Statistics, 24/7 Wall St. identified the 10 occupations where the median weekly full-time earnings among women was the smallest as a percent of men’s earnings.
According to Ariane Hegewisch, a study director at the Institute for Women’s Policy Research, pay gaps between men and women are often wider in traditionally high-paying occupations. Six of the 10 occupations with the widest pay gaps had median weekly earnings of more than $1,100, and were all among the higher weekly earnings figures. More