Dominant occupations such as childcare and service industries continue to occupy the lower rungs of the U.S. wage ladder. Women make up 63 percent of workers earning the federal minimum wage, a wage rate stuck at $7.25 since 2009.
By contrast, women represent only 5 percent of CEO’s at Fortune 500 firms. CEOs took home $13.1 million on average in 2016.
Female-dominated occupations such as childcare and restaurant service continue to occupy the lower rungs of the U.S. wage ladder. By contrast, women represent only8 percent of CEOsat Fortune 500 firms. CEOs took home $15.5 million on average in 2020.