On the surface, the financial gender gap appears to be closing. Women now earn 78 cents for every dollar men earn, and women under 25 working full-time earn 95% of what their male peers earn. Women make up 47% of the labor force.
Despite these encouraging developments, sociologist Mariko Chang uncovered a vastly different story. In her recent talk, “Shortchanged: Why Women Have Less Wealth and What Can Be Done About It,” Chang revealed that despite the rise of women’s earnings to 78% of men’s, women own only 36% as much wealth.
Full article is at: http://www.stanford.edu/group/gender/cgi-bin/wordpressblog/2011/04/shortchanged-women-and-the-wealth-gap/
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