Labor Econ Essay Example | Topics and Well Written Essays - 1000 words - 1

Labor Econ - Essay Example pecting that women will go out of the labor force during and after pregnancy, bosses are hesitant to give women the best training possible, which can simply be explained by the cost and benefit analysis. The intermittent attendance of women in the labor force would mean less return for the employer for every training and additional knowledge that it has given a female employee. The lack of training on the part of the women explains this difference in wages. Another inevitable result of the intermittent attendance of women to the labor force is their inability to be promoted to higher position as this would mean greater chaos in the office every time the women leave for child-bearing and child-rearing. The popular books on labor economics agree on this very important explanation for the male-female wage difference. With all other determinants equal, the reason why women are still promoted to lower position and still receive lower salaries than men is discrimination. The gender discrimination is not only observed in large countries like the USA but also in small but booming countries such as the Singapore, particularly observed in the form of pre-existing structural differences, sexism and male protecting their success by excluding women from high-paying jobs (Lee). 2. The comparable worth law is defined as â€Å"A theory holding that compensation for job classifications filled chiefly by women should be the same as for those classifications filled chiefly by men if the jobs, albeit dissimilar, are regarded as having equal value. According to this theory, workers salaries should be calculated on a scale of socioeconomic value that transcends traditional supply and demand† (Answers.com). The impetus of the law is to demolish any form of gender discrimination against women. But women having a low salary and coming from a different job than men may not neccesarily be a form of discrimination. What can be seen clearly as discrimination is the unequal pay between