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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Little Joe who wrote (21201)	7/30/2012 8:52:32 AM
From: gamesmistress	1 Recommendation Respond to of 85487

"Women control only 1% of the Worlds Wealth" is such a broadbrush statement that it's meaningless, if you think about it. Just an attention-grabber to gain more coverage for the report and get people bent out of shape. In the US, there's the old trope of "women EARN 77% of what men do" - earnings not being the same thing as wealth of course - but when you adjust for hours worked and occupation, it's more like 95%. And this is interesting: "Recent studies have shown that the wage gap shrinks—or even reverses—when relevant factors are taken into account and comparisons are made between men and women in similar circumstances. In a 2010 study of single, childless urban workers between the ages of 22 and 30, the research firm Reach Advisors found that women earned an average of 8% more than their male counterparts. Given that women are outpacing men in educational attainment, and that our economy is increasingly geared toward knowledge-based jobs, it makes sense that women's earnings are going up compared to men's." Gotta look below the surface here.