Setting the Pay for the Jobs Women Hold
The labor market, through the workings of supply and demand, awarded women with full-time secretarial jobs an average of $496 a week in 2002. Women with jobs selling radios, television sets, and similar appliances were awarded less pay—an average of $435.1 The wage paid in any job is influenced by the skill and knowledge it requires. Jobs that require higher skills—more “human capital” acquired through training and experience—will tend to pay more than jobs that require less or none. So one might conclude that the skills secretaries need were worth 14 percent more than the skills television salespeople need.
KeywordsLabor Market Human Capital Woman Worker Occupational Segregation Class Passenger
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- 7.William T. Bielby and James N. Baron, “A Woman’s Place is with Other Women: Sex Segregation Within Organizations,” in Barbara F. Reskin (ed.), Sex Segregation in the Workplace (Washington, DC: National Academy Press, 1984), pp. 27–55.Google Scholar
- 8.See Donald Tomaskovic-Devey, Gender & Racial Inequality at Work: The Sources and Consequences of Job Segregation (Ithaca, NY: ILR Press, 1993).Google Scholar
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- 27.Perhaps this is a better interpretation of Becker’s discrimination coefficient. See Gary S. Becker, The Economics of Discrimination (Chicago: University of Chicago Press, 1957).Google Scholar