Wednesday, May 14, 2008
Graph of the Day
Well, this is depressing. Via the Economic Policy Institute, women start out of college with a nearly $3.00 an hour wage difference. That amounts to roughly $6,000 a year, and we all know your starting base wage has a long-term impact on raises (which are usually figured on a percentage basis) over a lifetime. Furthermore, women's hourly wages in the few years after graduating college seem to have stayed roughly stagnant since 2003, while men's wages have averaged an increase during that time.
Furthermore, a second graph indicates that a college degree is becoming less and less of a guarantee for pension coverage and health insurance for both men and women.