wall street wage gap yet another reason for women to occupy
Wall Street Wage Gaps Give Women Yet Another Reason To Occupy
Written by Sarah Seltzer
“Women who want to earn more on Wall Street than their male colleagues have one reliable option. They can set up a shoe-shine stand in Lower Manhattan.”
So concluded Bloomberg reporter Frank Bass after crunching Census data on the gender wage gap in various professions. His findings: Out of 265 major occupations, service work such as shoe shining and personal care was the only one in which women earned, on average, more than men ($1.02 to every $1). And the high-paying jobs of Wall Street had the biggest gap: The six jobs with the largest gender gap in pay and at least 10,000 men and 10,000 women were in the Wall Street-heavy financial sector: insurance agents, managers, clerks, securities sales agents, personal advisers and other specialists.
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They are the feminists of Occupy Wall Street, a movement now resurging after a winter lull. For Ms. magazine’s latest issue, I spent several weeks trailing Occupy activists and covering feminism in the movement. I found that the white-male demographics of the 1 percent, as typified by Wall Street, were not lost on the legions of protesters who identified with feminist and womanist goals.
“If you’re going to occupy Wall Street, [you must] address the underlying patriarchy that it represents. Obviously that is a system that depends a large part on the exploitation, subjugation and control of women,” Lucinda Marshall of Occupy Patriarchy told me this winter. “That’s really why it’s so crucial for feminists to prioritize addressing this, and why feminism itself is important to the Occupy movement.”
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This post was originally published by Ms. Magazine.
Read more: http://www.care2.com/causes/wall-street-wage-gaps-give-women-yet-another-reason-to-occupy.html#ixzz1qAJuj62j
