Saturday, December 3, 2011

Women in Wall Street

In class, we discussed the gender disparities in education levels and focused on the increasing education levels of women. We further noted that more women were pursuing majors in business and management, whereas men tended to pursue a broader array of degrees. Our reading by Goldin and Katz confirmed that women's educational levels exceeded that of men as of the late twentieth century. With that in mind, the continued disparity and divergence in incomes between men and women in Wall Street—especially in the past decade—seems surprising. This article implies that these differences as well as the differences in income among races may arise from institutional discrimination or from favoring school systems with fewer minorities. Regardless, the data still suggests the continued existence of a glass ceiling.

http://online.wsj.com/article/SB10001424052970204012004577072751740866044.html

"Report Parses Wall Street Workforce" --Sumathi Reddy

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