Tuesday, March 24, 2015

(Re-Post)(Related Update): What Occupation is the Most Dangerous?

Related update:  One of the key points of the original post below is that an element in the so-called "gender wage gap" is the fact that males are many times more likely to take on dangerous work than are females.  This results in, predictably, higher wages and has nothing to do with workplace gender discrimination.  Today I offer an excellent article from the Mises Institute that goes into much more detail in exposing the gender wag gap for the fraud that it is.  Here's a good excerpt to entice you:
But a second problem comes up after just briefly scratching the data; why isn’t this wage gap even remotely close to being consistent across industries? It’s not just models (who make 10 times as much as their male colleagues), but also a variety — albeit minority — of different fields. Forbes recently ran an article based on the Bureau of Labor Statistics titled “15 Jobs Where Women Earn More Than Men.” These jobs include bakers (104 percent), teacher assistants (105 percent), nutritionists (101 percent), and occupational therapists (102 percent). Do those hiring bakers just happen to be some of the few people in this country who aren’t sexist?
This is a highly educational and interesting article, one you should find time for if you have an interest in this topic.  It's an important topic, because the left is going to try and use as a hammer the entire campaign season, so you need to arm yourself properly; and OLS is a place to do just that.

Original post 9/12/14:  When "dangerous" is defined in terms of workplace fatalities, the top ten are:

The point behind this chart (ht Carpe Diem; click here to read Mark Perry's comments) is to show how males are much more likely to work in dangerous occupations than females.  And if you want someone to do a dangerous job, you got to pay them more to do it, all things equal.  Thus, the concept of "hazard pay" and it's role in understanding the gender wage gap differential.  In other words, part of the reason that men make more than women is that men are much more likely to work in dangerous industries than are women.  And they'll receive more pay for doing so.