The gender wage gap is not solely determined by occupational gender segregation and is also influenced by factors such as education and career choices.
Jobs that require long hours and limited flexibility, known as 'greedy work,' contribute to the gender wage gap, with men occupying more of these high-paying positions.
Deep dives
The Gender Wage Gap and Occupational Gender Segregation
One of the main ideas discussed in the podcast is the gender wage gap and how it is calculated. The speaker explains that the gender wage gap is determined by comparing the median income of full-time employed women and men working 35 hours or more per week throughout the year. The speaker acknowledges that this calculation does not take into account factors such as education or career choices. Additionally, the podcast highlights the concept of occupational gender segregation, which refers to the uneven distribution of men and women across different professions. The speaker emphasizes that while occupational gender segregation has decreased over time, it accounts for a smaller portion of the gender wage gap than previously thought.
The Role of Greedy Work and Flexible Jobs
Another key point discussed in the podcast is the role of 'greedy work,' which refers to jobs that require long hours and have limited flexibility. The speaker argues that at the top end of the earnings distribution, there is a significant disparity between men and women, as men tend to occupy more of these high-paying 'greedy' jobs. The speaker also highlights how women often choose occupations with more flexibility, allowing them to balance work and caregiving responsibilities. However, the speaker notes that this choice comes at a cost, as jobs with more flexibility generally offer lower pay.
Other Factors Contributing to the Gender Wage Gap
The podcast explores additional factors contributing to the gender wage gap. The speaker mentions that discrimination may account for around 20% of the gap but emphasizes that even without discrimination, a significant portion of the gap remains. The speaker indicates that the remaining two-thirds of the gender wage gap is primarily driven by the unequal division of caregiving responsibilities within households. This unequal distribution often results in women having more interruptions in their careers, leading to lower earnings.
The Potential Impact of COVID-19 on Gender Wage Equality
The podcast discusses how the COVID-19 pandemic has brought changes to the labor market and highlights the potential impact on gender wage equality. The speaker suggests that the shift to remote work and the recognition that many tasks can be done without extensive travel or long hours might lead to more flexible work arrangements in the future. These changes could have transformative effects on closing the gender wage gap and creating more equitable workplaces.
Harvard economist Claudia Goldin and Steve talk about how inflexible jobs and family responsibilities make it harder for women to earn wages equal to their male counterparts. But could Covid actually level the playing field?
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode