Money and Computing
Women Consistently Earn Less Than Men; Women Are Over-represented in Lower Paying Jobs and, As They Age, the Pay Gap Widens Even More
According to the QWI data based on unemployment insurance wage records for the third quarter of 2020 (the most recent national data), women in the United States earned 30% less than men and that pay gap increased with age. Women are over-represented in lower paying jobs and, as they age, the pay gap widens even more. The gender gap has narrowed for younger women as they increase their education level and break into occupations traditionally dominated by men. Although the gender pay gap has narrowed since the signing of the Equal Pay Act of 1963, women earned 82 cents for every dollar a man earns according to 2020 data from the Bureau of Labor Statistics. The gender gap has narrowed for younger women as they increase their education level and break into occupations traditionally dominated by men. While women have a growing presence in higher paying industries like Information or Professional, Scientific, and Technical Services, they are still over-represented in lower paying industries. more »
Women’s Experiences of Sexual Assault and Harassment Linked With High Blood Pressure
The NHS II data indicated that experiences of sexual violence were common: about 23% of the women had experienced sexual assault at some point in their life and 12% had experienced workplace sexual harassment. About 6% of women had experienced both. About 21% of the women reported developing high blood pressure over the follow-up period, from 2008 to 2015. Compared with women who had never experienced any type of trauma, women who had experienced sexual assault at any point in their lifetime were more likely to develop high blood pressure, as were women who had experienced workplace sexual harassment. Women who had experienced both sexual assault and harassment had the highest risk of developing high blood pressure. more »
High Inflation and the Outlook for Monetary Policy By Federal Reserve Governor Michelle W. Bowman
Federal Reserve Governor Bowman: "Inflation is much too high. Last year I noted that inflationary pressures associated with strong demand and constrained supply could take longer to subside than many expected. Since then, those problems have persisted and inflation has broadened, reaching the highest rate that Americans have faced in forty years. High inflation is a heavy burden for all Americans, but especially for those with limited means who are forced to pay more for everyday items, delay purchases, or put off saving for the future. I intend to support prompt and decisive action to lower inflation, and today I will explain how the Fed is pursuing this goal." more »
Jo Freeman Reviews There is Nothing For You Here by Fiona Hill
Jo Freeman writes: Her description of Donald Trump and his dysfunctional administration is consistent with that of other authors. Trump was addicted to flattery and adulation. A chapter section is called “Me, Me, Me.” Hill says he suffered from “autocrat envy.” He didn’t just admire Putin; he wanted to be like him. Trump was angered by mere rumors that someone had said something negative about him. He wanted to just snuff them out, with the alacrity of Putin and other autocrats. Although Hill worked for the Bush, Obama and Trump administrations, we only get details about Trump. Since it’s not a short book, perhaps the publisher didn’t think reading about the earlier Presidents would generate sales. Too bad. Her other comparisons are illuminating; how these three men ran their domains should be as well.
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