The disparity in pay between men and women working full time widened in 2003 for the first time in four years as women saw their incomes fall, the government said Thursday.
For every dollar a man made in 2003, women made 75.5 cents, the Census Bureau said in its annual report on income. That was down from the record 76.6 cents that women earned vs. men's $1 in 2002. The median income for men working full time in 2003 was $40,668, not significantly different from the prior year, while the median income for women working full time was $30,724, down 0.6% from 2002.
While the drop might appear minor, it was the first statistically significant decline in women's incomes since 1995, the Census Bureau said.
The median is the point at which half of the numbers fall above and half fall below.
The widening pay disparity came as a surprise, and analysts had few explanations for what could have sparked the change. But they cautioned against getting too worked up about the increased gap, noting last year could have been an aberration... [read more at usatoday.com]
For every dollar a man made in 2003, women made 75.5 cents, the Census Bureau said in its annual report on income. That was down from the record 76.6 cents that women earned vs. men's $1 in 2002. The median income for men working full time in 2003 was $40,668, not significantly different from the prior year, while the median income for women working full time was $30,724, down 0.6% from 2002.
While the drop might appear minor, it was the first statistically significant decline in women's incomes since 1995, the Census Bureau said.
The median is the point at which half of the numbers fall above and half fall below.
The widening pay disparity came as a surprise, and analysts had few explanations for what could have sparked the change. But they cautioned against getting too worked up about the increased gap, noting last year could have been an aberration... [read more at usatoday.com]
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