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October 08, 2008

Women's pay

The average salary earned by women is less than that earned by men. Bring us up to date on what women earn relative to men and whether the job market for women is any better here in North Carolina.

Dr. Mike Walden, North Carolina Cooperative Extension economist in the College of Agriculture and Life Sciences at N.C. State University, responds:

"Well, we just have the latest numbers for 2007 released and it shows that the average woman who is working earns about 78 percent of what a working man earns, and that number has been going up over time. Now interestingly, if you look at states, that ratio in North Carolina right now is almost 81 percent for women. And actually, North Carolina ranks seventh among all states in that rate. That is to say, there are only six states above North Carolina where women's pay as a percentage of men's pay is higher. The state with the highest rate is Vermont. The state with the lowest rate is Wyoming. Now, being very careful here, of course, these are simply averages; all we're doing is taking all jobs and all pay and averaging them together. They don't adjust for differences in the types of jobs that many women might have and differences in educational levels, experience, etc. And when those differences are accounted for, actually you see the pay - the adjusted pay, I should say - of men and women much, much closer."

Posted by Dave at October 8, 2008 08:00 AM