Men and Women
Women in their 30s have substantially higher incomes today than their counterparts did in their parents’ generation. Between 1974 and 2004, average income for women in their 30s has increased almost fourfold. This is a stark contrast to the growth in income of their male counterparts. The average income of men in their 30s has increased from $31,000 in 1964 to $35,000 in 2004, an increase of only $4,000.
However, much of this can be attributed to employment rates. The employment rate of women in their 30s has increased from 39% in 1964 to 70% in 2004; whereas, the rate of employment for men in this same age group has decreased from 91% in 1964 to 86% in 2004. This sharp increase in income for working women, in addition to stable male salaries, is the reason upward economic mobility is attributed to women.
See: De-industrialization crisis
Read more about this topic: Economic Mobility
Famous quotes containing the words men and, men and/or women:
“It was a cruel city, but it was a lovely one, a savage city, yet it had such tenderness, a bitter, harsh, and violent catacomb of stone and steel and tunneled rock, slashed savagely with light, and roaring, fighting a constant ceaseless warfare of men and of machinery; and yet it was so sweetly and so delicately pulsed, as full of warmth, of passion, and of love, as it was full of hate.”
—Thomas Wolfe (1900–1938)
“I take such men to be inspired. I fancy that this moment Shakespeare in heaven ranks with Gabriel Raphael and Michael. And if another Messiah ever comes twill be in Shakespeare’s person.”
—Herman Melville (1819–1891)
“Freedom of choice for women, at the expense of the caring, warmth, and sensitivity to others so often associated with them, may be empty. In the thrust to redefine male and female roles, women must not become men; nor can men be permitted the continual dehumanization of their roles.”
—Kathleen Weibel (b. 1945)