Monday, March 9, 2009

A Silver Lining in this Economic Meltdown

Read in the NY Times that more men are being laid off during these tough times. Not that it translates into any more housework being done by those laid-off slackers, but there might be a silver lining in this jettisoning of the MAWGs (my nickname for middle-aged white guys).

Let's face it...women haven't made the same salaries as men in...let's see...FOREVER. This article from 2007 indicates it will take 47 years to achieve pay parity between men and women...but that was written before the country plummeted into a recession. I'm thinking we can move that 47-year timeline up. You want to get rid of your higher paid workers but leave staff in place who do the same thing? You're going to dump the men.

And in the long run, this might mean that when this economy turns around, companies might fix that anal/cranial inversion and realize that you don't need to pay men more. Don't pay them less--I'm not advocating that--but more pay for the same job just might not fly in the near future.

Jobless rates of 8 plus percent (11 percent in Michigan, where I'm from) are a painful way to get to pay parity.

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