Miramar erasing pay gap between genders

Google images: hercareer.pk

Miramar has the 8th fastest decreasing gender pay gap in the nation, according to a new analysis by NerdWallet, a consumer financial literacy website.

The pay gap fell by nearly 26 percent from 2007 to 2012. Men had a median income of $45,300 compared with $40,200 for women.

Over the five years, men's income fell by about $3,000 and women's increased by $5,000 in Miramar.

NerdWallet analyst Sreekar Jasthi said although it's hard to pinpoint the exact factors for Miramar's changes in income, "the decrease in the pay gap is likely due to a fall in the average income of male-dominated local industries (finance and manufacturing), and an increase in the average income in industries with a higher proportion of female workers (education) as the local economy progressed from the economic crisis." 


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West Palm Beach went the other way during the same period. The pay gap increased by 22 percent between men and women, according to NerdWallet. In 2012, men had a median income of $44,000 while women only $35,500.

States and regions with the smallest pay gaps are Vermont, New York, Maryland and Washington, D.C., NerdWallet said.

But the city with the fastest-increasing pay gap is in Florida: Clearwater saw a nearly 49 percent increase in its pay gap between 2007 and 2012. 

To arrive at the pay gap rankings, NerdWallet used U.S. Census data and divided the median population for male full-time workers by the median population for female full-time workers in 283 U.S. cities with populations of at least 100,000. They then subtracted the male income/female income in 2007 from the male income/female income in 2012 to calculate the change in gender pay gap.

In his 2014 State of the Union Address, President Obama spoke about the nation’s gender pay gap, calling it "an embarrassment."  Full-time female workers in the U.S. currently earn 77 cents for every dollar earned by men, according to the White House Council of Economic Advisers.

See the complete findings at: http://www.nerdwallet.com/blog/2014/cities-fastest-changing-gender-pay-gaps/