As more women enroll in post-secondary education, it would be hypostasized that the gender gap would decrease significantly as both men and women would be gaining equal skills. However, education does not reduce the gender gap as proportionately (Krymkowski & Mintz, 2014). Daniel Krymkowski and Beth Mintz found a partial reason is because both genders pursue different majors, which results in earning discrepancies. Women tend to be concentrated in lower-paying occupations, majority in the service sector (Sernau, 141-158). In comparison, men choose prestigious occupations or work in manufacturing that incur frequent over time and substantial shift bonuses (Sernau, 141-158). Krymkowski and Mintz discovered that female college graduates earn $4,400 less annually compared to men with the same credentials. However, it is important to note that education benefits women in various aspects such as a higher standard of living, higher wages comparable to other women, and higher insurance against poverty (Krmkowski & Mintz, 2014). Nevertheless, the wage gap is persistent even though women are investing in their education. Men and women can have comparable skills but at the end of the day, with all other things constant, men still earn higher earnings and are considered favourable for promotions and advanced …show more content…
The news report examined the annual report from the World Economic Forum (WEF) that indicates the gap between males and females will narrow but it also notes that the inequality is nevertheless significant (McFarland, 2014). As discussed earlier, more women have entered the labour force due to education. Stier and Yaish identified that the increase in women in the labour market, had a negative impact on men’s job characteristics such as job security and content; ultimately reducing the gender gap. In regards to the wage equality, there still remains a substantial gap, globally reported at 60% (McFarland, 2014). This statement expresses the level of inequality that is still present globally and the slow movement in improving the gap. The wage gap may be the result of household labour, differential socialization and the Old Boys’ network, as discussed above. However, the reduction in the gender gap may be the effect of educational attainment as research indicates that 94% of the gap has been closed and in some countries the gap has diminished (McFarland). However, if more women enrolled in math and science as their major, the gap would significantly shrink. Baumgartner and Schneider recommended that to further reduce the gender gap, women should detach themselves from negative stereotypes and invite themselves to networking