Women more likely than men to face poverty during retirement, Associated Press, July 10, 2016, Chicago Tribune: “During their working years, women tend to earn less than men, and when they retire, they’re more likely to live in poverty. These are women who raised children and cared for sick and elderly family members, often taking what savings and income they do have and spending it on things besides their own retirement security. The National Institute on Retirement Security, a nonprofit research center, reports that women are 80 percent more likely than men to be impoverished at age 65 and older. Women age 75 to 79 are three times more likely…”
Tag: Gender
Gender Pay Gap
Obama moves to close gender wage gap, By Jim Puzzanghera and Evan Halper, January 29, 2016, Los Angeles Times: “The first bill President Obama signed after taking office in 2009 was designed to help close the pay gap between men and women. But saying progress has been slow, Obama announced a new plan Friday to try to ensure that women earn the same as men for doing the same job. The proposal, which doesn’t need legislative approval, would require businesses with at least 100 employees to submit annual pay data by gender, race and ethnicity in an effort to find firms that the White House said are ‘unlawfully shortchanging workers…’”
Employment Gender Gap in Poor Neighborhoods
The striking power of poverty to turn young boys into jobless men, By Emily Badger and Christopher Ingraham, January 29, 2016, Washington Post: “Men are more likely to work than women. This has been true in the United States for generations and for entrenched reasons that have to do with ‘family values’ and workplace policies. It’s true because the culture says women should care for their children and because paying for child care is expensive. And it’s true because of discrimination. The durability of that pattern makes a recent finding by economists at Harvard and Stanford universities all the more puzzling: Among the poor, the opposite is now true. Girls who grow up in poor families are more likely than the boys who grow up with them to work as adults…”