Newsweek revisits gender disparities in the workplace four decades after 46 female employees sued the magazine in a landmark suit:
U.S. Department of Education data show that a year out of school, despite having earned higher college GPAs in every subject, young women will take home, on average across all professions, just 80 percent of what their male colleagues do. Even at the top end, female M.B.A.s make $4,600 less per year in their first job out of business school, according to a new Catalyst study. Motherhood has long been the explanation for the persistent pay gap, yet a decade out of college, full-time working women who haven't had children still make 77 cents on the male dollar. As women increasingly become the breadwinners in this recession, bringing home 23 percent less bacon hurts families more deeply than ever before.
The numbers for the Newsweek newsroom are somewhat comparable:
No one would dare say today that "women don't write here," as the NEWSWEEK women were told 40 years ago. But men wrote all but six of NEWSWEEK's 49 cover stories last yearand two of those used the headline "The Thinking Man." In 1970, 25 percent of NEWSWEEK's editorial masthead was female; today that number is 39 percent. Better? Yes. But it's hardly equality. (Overall, 49 percent of the entire company, the business and editorial sides, is female.) "Contemporary young women enter the workplace full of enthusiasm, only to see their hopes dashed," says historian Barbara J. Berg.
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