SOC362H5 Lecture Notes - Lecture 2: Retirement Age, Child Care, Microelectronics
Document Summary
British government is asking people about their salaries to combat gender wage gap. Institute measure for companies with 250+ employees to publicly disclose employee pay information of male and female workers. In their first year of work after university, women make ,600 less than men on average. In canada, considered all those aged 15 and older but divided into 3 subgroups: labor force: all individuals either in paid jobs or looking for work. Unemployed: those who don"t have jobs but are actively looking for work (past 4 weeks) Labor force = employed + unemployed: participation rate: the proportion of individuals who are active in the labor force. Inactive: those who do not have jobs and are not looking for work. Participation rate = labor force / population 15: interpretation: tells us about women"s and society"s attitudes about working. Whether they want to work; their confidence in the economy. Only counts paid work; unpaid work for women is important though.
