Trends in Employment and Earnings
Women’s status in the area of employment and earnings has improved on two indicators since the publication of IWPR’s last national report on the status of women, the 2004 Status of Women in the States, and remained unchanged or declined on two others. Women’s median annual earnings for full-time, year-round work in 2013 ($39,157) were nearly identical to their earnings for similar work in 2002 ($39,108 when adjusted to 2013 dollars). The gender earnings ratio improved during this time from 76.6 to 78.3 percent, narrowing the gender wage gap by 1.7 percentage points, and the share of women working in professional or managerial occupations grew from 33.2 to 39.9 percent. Women’s labor force participation rate, however, declined from 59.6 in 2002 to 57.0 percent in 2014.
Women Lost More Jobs than Men in almost all Sectors of the Economy
Employment data released on Friday, April 3 show dramatic job losses and sharp rises in unemployment for both women and men since February. Altogether 701,000 jobs were lost, the majority (58.8 percent or 412,188) by women. While these estimates of job losses are already outdated – since their collection in the second week of March new applications for unemployment reached almost ten times that level–they point to the critical role of gender in understanding the impact of the COVID -19 crisis.
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