Opinion: Feminists overreach with Equal Pay Day

Article here. Excerpt:

'April 14 is feminists’ misconceived Equal Pay Day.

That’s the day of the year, they say, when all women’s wages, allegedly only 78% of all men’s, “catch up” to what men have earned the year before. The fairy tale is that women have to work those extra months to get their fair share.
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American women are winners, although it’s hard to believe from the Equal Pay Day rhetoric. Department of Education data show that in 2012, the latest available, they earned 57% of bachelor’s degrees, 60% of master’s degrees and 51% of doctorates, as well as almost half of doctor of medicine and law degrees. The unemployment rate for adult women, at 4.9%, is now lower than that for adult men, at 5.1%.

The latest figures show that comparing men and women who work 40 hours weekly yields a wage ratio of 90%, even before accounting for different education, jobs or experience, which brings the wage ratio closer to 95%. Many studies, such as those by Professor June O’Neill of Baruch College and Professor Marianne Bertrand of the University of Chicago, show that when women work at the same jobs as men, with the same accumulated lifetime work experience, they earn essentially the same salary.'