Georgia Has the 19th Smallest Gender Pay Gap
Thursday, December 3rd, 2020
While the ratio of women’s earnings to men’s is about 81 percent, on average, this ratio varies considerably across occupations and industries. Legal occupations have the largest gender pay gap, with women in legal occupations earning just 55 percent of what men in legal occupations earn. However, much of this pay discrepancy can be explained by the disproportionate share of women working in lower-paying legal jobs—for instance, paralegals or legal assistants. Men, on the other hand, are much more likely than women to be lawyers. Health practitioners have the second largest gender pay gap, with women earning about 65 percent of what men in the field earn.At the industry level, the finance and insurance industry has the largest gender pay gap, with women in this industry earning 59 cents on the dollar. Occupational sorting by gender, or the job choices than men and women make, in the finance and insurance industry likely explains a significant portion of the pay gap in this industry. Women are more likely to work as lower-paid bank tellers while men more frequently work as financial advisors. The reasons behind occupational segregation by gender are complicated, but experts cite gender differences in preferences, social norms, and discrimination as key drivers.The gender pay gap varies widely on a geographic basis as well. In some cities and states, women tend to earn much less than men, while in others, women’s pay is more equitable. At the state level, Wyoming and Utah have the most significant gender pay gaps, with women earning just 63 percent and 70 percent of men’s earnings, respectively. Female workers in Maryland and Vermont are compensated more equitably compared to their male counterparts. In these states, women earn 88 percent and 91 percent of men’s earnings, respectively.To find the states with the biggest gender pay gaps, researchers at Self Financial analyzed the latest data on earnings from the U.S. Census Bureau. The researchers ranked states according to the ratio of full-time working women’s earnings to full-time working men’s earnings. Researchers also calculated median annual earnings for full-time women, median annual earnings for full-time men, the industry with the largest wage gap, and the occupation with the largest wage gap.
The analysis found that in Georgia, women earn 80.2% of what men earn, on average. Out of all U.S. states, Georgia has the 19th smallest gender pay gap. Here is a summary of the data for Georgia:
- Women’s earnings as a percentage of men’s: 80.2%
- Median annual earnings for full-time women: $40,548
- Median annual earnings for full-time men: $50,547
- Industry with the largest wage gap: Management of companies and enterprises
- Occupation with the largest wage gap: Sales and related occupations
- Women’s earnings as a percentage of men’s: 81.0%
- Median annual earnings for full-time women: $43,394
- Median annual earnings for full-time men: $53,544
- Industry with the largest wage gap: Finance and insurance
- Occupation with the largest wage gap: Legal occupations