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President Obama repeated the spurious gender wage gap statistic in his State of the Union address. “Today,” he said, “women make up about half our workforce. But they still make 77 cents for every dollar a man earns. That is wrong, and in 2014, it’s an embarrassment.”

Consider, for example, how men and women differ in their college majors. Here is a list ( PDF ) of the ten  most  remunerative majors compiled by the Georgetown University Center on Education and the Workforce. Men overwhelmingly outnumber women in all but one of them:

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Much of what we hear about the plight of American women is false. Some faux facts have been repeated so often they are almost beyond the reach of critical analysis. Though they are baseless, these canards have become the foundation of Congressional debates, the inspiration for new legislation and the focus of college programs. Here are five of the most popular myths that should be rejected by all who are genuinely committed to improving the circumstances of women:

MYTH 1: Women are half the world’s population, working two-thirds of the world’s working hours, receiving 10% of the world’s income, owning less than 1% of the world’s property.

President Obama repeated the spurious gender wage gap statistic in his State of the Union address. “Today,” he said, “women make up about half our workforce. But they still make 77 cents for every dollar a man earns. That is wrong, and in 2014, it’s an embarrassment.”

Consider, for example, how men and women differ in their college majors. Here is a list ( PDF ) of the ten  most  remunerative majors compiled by the Georgetown University Center on Education and the Workforce. Men overwhelmingly outnumber women in all but one of them:

Much of what we hear about the plight of American women is false. Some faux facts have been repeated so often they are almost beyond the reach of critical analysis. Though they are baseless, these canards have become the foundation of Congressional debates, the inspiration for new legislation and the focus of college programs. Here are five of the most popular myths that should be rejected by all who are genuinely committed to improving the circumstances of women:

MYTH 1: Women are half the world’s population, working two-thirds of the world’s working hours, receiving 10% of the world’s income, owning less than 1% of the world’s property.

Much of what we hear about the plight of American women is false. Some faux facts have been repeated so often they are almost beyond the reach of critical analysis. Though they are baseless, these canards have become the foundation of Congressional debates, the inspiration for new legislation and the focus of college programs. Here are five of the most popular myths that should be rejected by all who are genuinely committed to improving the circumstances of women:

MYTH 1: Women are half the world’s population, working two-thirds of the world’s working hours, receiving 10% of the world’s income, owning less than 1% of the world’s property.

President Obama repeated the spurious gender wage gap statistic in his State of the Union address. “Today,” he said, “women make up about half our workforce. But they still make 77 cents for every dollar a man earns. That is wrong, and in 2014, it’s an embarrassment.”

Consider, for example, how men and women differ in their college majors. Here is a list ( PDF ) of the ten  most  remunerative majors compiled by the Georgetown University Center on Education and the Workforce. Men overwhelmingly outnumber women in all but one of them:

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The best study about the wage gap, and what causes it, is the Consad report. You can read it here: http://www.consad.com/content/reports/Gender%20Wage%20Gap%20Final%20Report.pdf As you will see, it explains that the differences in work between men and women are almost entirely due to different choice men and women freely make, so in my opinion there is no solution - Let people freely pick the jobs they desire. (Also of note, is that it s illegal to pay women less for the same work now). My guess is you assignment is based on the idea of "equivalent worth", which is for the most part a feminist pushed idea saying that the naturally lower paying jobs women sometimes chooses, should by law have to be paid as much as higher paying jobs held by men. For example, secretaries would have to be paid as much as high rise construction workers. Any time you try to force rates other than natural market rates you run into trouble. In the above case, if you raise secretary rates and lower the construction rates, supply and demand dictates you will have a lack of supply for the construction jobs and excess supply (unemployment) for the secretary jobs. The vast majority of economists argue very strongly against such policy. Its been tried and failed miserably. Quote and source on that here: "In 1984, Minnesota became the first (and so far, the only) state to mandate that all local units of government devise and implement comparable worth schemes. St. Paul is a city whose experience with the law typifies that of local government across the state: $32 million in additional salary expense between 1985 and 1992, endless disputes about who is comparable to whom, and lingering uncertainty if the city is even in compliance with the law at all. In his authoritative 1993 book, Incomparable Worth, University of Virginia economist Steven E. Rhoads showed that after depressing the wages of computer specialists and nurses in order to achieve “pay equity,” Minnesota localities can’t find people willing to take those jobs. Women, according to Rhoads’ findings, are not clear winners when labor markets are distorted and wages are set by politics and politicians." http://www.thefreemanonline.org/columns/comparable-worth-or-incomparably-worthless/ Another example - Some fire departments in order to get more female employees, lowered the standard for women to enter. For example, they had to carry less weight and many could not raise a ladder as males could. The safety consequences of that should be clear. In terms of efficiency - Anytime you force rates, or force people into jobs that are not what they are best suited for, you usually end up with a less efficient system - Basic labor economics.