Women’s earnings have stagnated in the last few years after decades of wage gains, a new analysis shows.
Earnings among women have largely been tracking up since the mid-1960s, helped along by more women participating in the labor force and attaining higher levels of education. But the shifts that have caused men’s wages to stagnate in recent decades appear to have ensnared women as well, according to the Hamilton Project’s Michael Greenstone and Adam Looney.
Females’ median earnings have risen nearly 56% since 1963, adjusted for inflation. But their wages have stagnated since about 2001.
That’s partly the impact of fewer prime-age women, between the ages of 25 and 64, working, according to the researchers. Women may also be impacted by the global competition and advances in technology that have whittled away at men’s wages.
“While this is concerning, it is likely a broader symptom of declining opportunities for all American workers,” according to the researchers. “Only after the economy has recovered will we have a better sense about whether other factors are the driving force behind this leveling off for women.”