New York Times: Decades After ‘Boom-Boom Room’ Suit, Bias Persists for Women

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Last year, women filled 31 percent of jobs in the “securities, commodities and financial services sales agents” group tracked by the Bureau of Labor Statistics, but they earned only 52 cents for every dollar that men made, according to a study released last month by the Institute for Women’s Policy Research in Washington.

Among 119 job categories analyzed in the study, that group had the largest gender pay gap. By comparison, women on average make 79 cents for every dollar men make.

“It’s unbelievable,” said Ariane Hegewisch, a program director at the institute and co-author of the study. “I get calls from women who have come across our work and they say, ‘What do I do?’”

Ms. Hegewisch said that today’s female brokers repeatedly complain that men are circumventing reforms.

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Half of the gender wage gap is due to women working in different occupations and sectors than men. Improving women’s access to good middle-skill jobs can help close the wage gap and improve women’s economic security.

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