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A sign saying: "MEN TEND TO CHOOSE HIGH PAYING PROFESSIONS - LIKE DOCTOR, ENGINEER, CEO, ETC., WHILE WOMEN NATURALLY GO TOWARD LOWER PAYING CAREERS - LIKE FEMALE DOCTOR, FEMALE ENGINEER, AND FEMALE CEO."
this post was submitted on 25 Nov 2023
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It's not complicated but it's also not sexism. When women begin entering a job market the supply of labor suddenly doubles but the demand stays the same there for the price of that labor goes down.
Okay that's why wages went down.
Now do why men's wages went down less
It's also a stupid excuse for wages going down to begin with. Especially since we know that we are currently in a labour shortage which according to capitalist supply and demand theory should have immediately caused wages to increase, and I don't think the shortage is gender specific.
This has to be bait, there is plenty of work that can be done and lots of research to do and plenty of cash to go around. Its the overwhelming greed from the richest people in the world that hold their wealth instead of letting it flow in the economy. Its disgusting how pay is currently is and you should be ashamed for thinking we are hitting some supply limit instead of other major factors at play that are strangling people's ability to have liveable fair wages.