Men vs Women trends in labor    markets & education          Gaetan Lion        August 2nd, 2012                          ...
Overall trends looking at all age          groups combinedData is from the Bureau of Labor Statistics and the U.S.Census, ...
Labor force participation rate in pct. pt.           Labor force participation rate in %100 90 80 70 60 50 40 30 20       ...
19                                         10                                              12           0                 ...
Women Median earnings as % of Men                                    Women earnings as % of Men85%80%75%70%65%60%  79     ...
% with College Degree or higher in pct. pt.                   % with College Degree or higher in pct. pt.   29   28   27  ...
Conclusion for this sectionWomen have made relative progress onnumerous counts over the past few decades.Those include pro...
Trends looking at the 25 – 34 year             old groupData is from the Bureau of Labor Statistics and the U.S.Census, Cu...
Labor force participation rate. 25 – 34 yr olds          Labor force participation 25 -34 yr old in pct. pt.  100   90   8...
Unemployment rate. 25 – 34 yr olds        Unemployment rate 25 -34 yr old in pct. pt.13121110 9 8 7 6 5 4                 ...
Women Median earnings as % of Men.        25 – 34 yr olds           Female Median Earnings as % of Male. 25 -34 yrs old   ...
% with College Degree or higher.    25 – 29 yr olds in pct. pt.                % with College Degree. 25 - 29 yrs old  38 ...
% with College Degree or higher.    30 – 34 yr olds in pct. pt.                % with College Degree. 30 - 34 yrs old 39 3...
Conclusion regarding trends for the 25-             34 year olds Trends for labor participation and unemployment confirm w...
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Men vs Women trends in earnings and education

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Looking at trends in labor markets, earnings, and education achievement for men and women.

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Men vs Women trends in earnings and education

  1. 1. Men vs Women trends in labor markets & education Gaetan Lion August 2nd, 2012 1
  2. 2. Overall trends looking at all age groups combinedData is from the Bureau of Labor Statistics and the U.S.Census, Current Population Survey.Pay attention to the X-axis of the graphs as depending on the variablethe time series are of very different length. 2
  3. 3. Labor force participation rate in pct. pt. Labor force participation rate in %100 90 80 70 60 50 40 30 20 Women 10 Men 0 50 53 56 59 62 65 68 71 74 77 80 83 86 89 92 95 98 01 04 07 10191919191919191919191919191919202020191920 3
  4. 4. 19 10 12 0 2 4 6 8 50 19 53 19 56 19 59 19 62 19 65 19 68 19 71 19 74 19 77 19 80 19 83 19 86 19 89 Unemployment rate in % 19 92 19 95 19 98 20 01 20 04 20 07 Men 20 Women 10 Unemployment rate in pct. pt.4
  5. 5. Women Median earnings as % of Men Women earnings as % of Men85%80%75%70%65%60% 79 81 83 85 7 89 91 93 5 97 99 01 03 05 07 09 11 8 919 19 19 19 19 19 19 19 19 19 19 20 20 20 20 20 20 5
  6. 6. % with College Degree or higher in pct. pt. % with College Degree or higher in pct. pt. 29 28 27 26 25 24 23 22 Men 21 Women 20 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 6
  7. 7. Conclusion for this sectionWomen have made relative progress onnumerous counts over the past few decades.Those include progressively catching up withmen on labor participation rates while oftenincurring lower unemployment rates. Overall,women have fully caught up in terms ofeducation as the % of women with a collegedegree or higher is now equal to men. Thistrend caused a 20 percentage point increase inin women’s earnings as a % of men since 1979(from 62% to 82%). 7
  8. 8. Trends looking at the 25 – 34 year old groupData is from the Bureau of Labor Statistics and the U.S.Census, Current Population Survey.Pay attention to the X-axis of the graphs as depending on the variablethe time series are of very different length. 8
  9. 9. Labor force participation rate. 25 – 34 yr olds Labor force participation 25 -34 yr old in pct. pt. 100 90 80 70 60 50 40 30 20 Female 10 Male 0 60 63 66 72 75 78 84 87 90 93 99 02 05 11 69 81 96 08 19 19 19 19 19 19 19 19 19 20 20 20 19 19 19 19 19 20 9
  10. 10. Unemployment rate. 25 – 34 yr olds Unemployment rate 25 -34 yr old in pct. pt.13121110 9 8 7 6 5 4 Female 3 Male 2 1 63 66 69 72 75 96 99 02 05 11 60 78 81 84 87 90 93 08191919191919191919192020202019191919 10
  11. 11. Women Median earnings as % of Men. 25 – 34 yr olds Female Median Earnings as % of Male. 25 -34 yrs old 94% 92% 90% 88% 86% 84% 82% 80% 78% 76% 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 11
  12. 12. % with College Degree or higher. 25 – 29 yr olds in pct. pt. % with College Degree. 25 - 29 yrs old 38 36 34 32 30 28 26 24 Male Female 22 20 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 12
  13. 13. % with College Degree or higher. 30 – 34 yr olds in pct. pt. % with College Degree. 30 - 34 yrs old 39 37 35 33 31 29 Male 27 Female 25 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 13
  14. 14. Conclusion regarding trends for the 25- 34 year olds Trends for labor participation and unemployment confirm what we had observed when looking at all age group combined. However, when focusing on the young (as defined) women have forged way ahead in education achievement. And, that gap is widening rapidly in recent years. Consequently, women earnings have rapidly risen to reach over 92% of men by 2011. Given current trends, it would be easy to extrapolate that women within this age group will earn more than men within a decade or so. 14

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