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Women Can't Get Equal Pay in Finance No Matter What They Do - Bloomberg Business - 0 views

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    "Women have yet to close the wage gap, even when they have similar jobs to their male counterparts. That's especially true on Wall Street. Last year, women who graduated from business school and took jobs in financial services earned an average of $21,872 less than male MBAs, according to data collected by Bloomberg Business. Drilling down into the numbers shows part of that discrepancy is explained by differences in the type of finance companies that hired women, but a gap persisted even when women worked in similar sub-sectors of finance as men. " This article discusses the wage gap between the sexes. It explains how men who work on wall street get paid over $11,000 more than the women who work on wall street and do the exact same jobs. People have been trying to close this gap for years, yet it still stands.
hcps-daviscg1

The Awful Truth Behind The Gender Pay Gap - 2 views

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    "The gender pay gap is hopelessly static right now. For the last decade, median earnings for women working full time, year-round have been just 77% of men's earnings. This oft-cited percentage stems from U.S. Census Bureau data and is not, despite critiques, something made up by feminists to (heaven forbid) give women raises. However, that stat is just a snapshot of the pay gap in the U.S., so it's important to drill down deeper. The American Association of University Women's research report, Graduating to a Pay Gap, does just that." This article speaks about the pay gap between women and men, and it also speaks about the unfair advantages the male has to the female in the work force. It also adds how the congress must pass an act for equal pay in order to protect everyone from this unfair income inequality.
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Wealth gap is widest in some affluent U.S. cities - Richmond.com: Richmond, Va., News, ... - 0 views

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    "The gap between the wealthy and the poor is most extreme in several of the United States' most prosperous and largest cities." In this article, the gap between the wealthy and poor is discussed. In many cities, there is a large difference. Often, there is a relationship between economic success and income inequality.
hcps-drillinki

The Opportunity Gap - NYTimes.com - 9 views

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    "Equal opportunity, once core to the nation's identity, is now a tertiary concern. If America really wants to change that, if the country wants to take advantage of all its human capital rather than just the most privileged two-thirds of it, then people are going to have to make some pretty uncomfortable decisions." This article talks about how being born into a certain economic class can define your opportunities for the rest of your life. For example, a child born into a lower class family may not be able to receive the same quality education as a middle or upper class child. As they get older, this can affect the colleges they may or may not go to and the jobs they are able to get.
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    "A long series of cultural, economic and social trends have merged to create this sad state of affairs. Traditional social norms were abandoned, meaning more children are born out of wedlock. Their single parents simply have less time and resources to prepare them for a more competitive world. Working-class jobs were decimated, meaning that many parents are too stressed to have the energy, time or money to devote to their children." This article states the differences between the college-educated and the working-class people of America. Those who are college-educated invest more time and more money for their children than those who are high-school-educated. These results in their children, depending on which class they come from, having a divided opportunities in life.
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    "As a result, behavior gaps are opening up. In 1972, kids from the bottom quartile of earners participated in roughly the same number of activities as kids from the top quartile. Today, it's a chasm." This article tells how the opportunity gap in education has increased over time. Poorer kids make less, and also grow up differently. Richer kids, however, grow up having much more privilege and opportunity.
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    "As a result, behavior gaps are opening up. In 1972, kids from the bottom quartile of earners participated in roughly the same number of activities as kids from the top quartile. Today, it's a chasm." This article tells how the opportunity gap in education has increased over time. Poorer kids make less, and also grow up differently. Richer kids, however, grow up having much more privilege and opportunity.
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