Bloomberg reports that the majority of female university graduates appear to do jobs outside of their area of study. The problem though has nothing to do with unemployment. The jobless rate in August for females 20 years and older was 6.3% compared to 7.1% for men, this was the lowest figure since December 2008 according to the U.S. Bureau of Labor Statistics.
Women are more likely to get a low-paying job
What should be underlined though is that women are unfortunate in getting primarily low-paying jobs such as waitressing, in-home health care, food preparation and housekeeping. About 60% of the increase in women’s employment from 2009 to 2012 was in jobs that pay less than $10.10 an hour, vs. 20% for men. What’s more, of the 125,000 jobs women gained in August, 54,000 were in retail, leisure, and hospitality, only 24,000 were in professional and business services. Many of those retail and hospitality jobs are part-time, employing women 34 hours or fewer a week.
Guess what? A similar issue occurs also in the UK, where the percentage of women aged 22 and over working in the upper middle tier in 2013 accounted for 18% of the total compared to 37% of men. Besides, 46% of women in Britain were employed in lower middle skilled roles compared with 24% of men.
Not only is there gender inequality in terms of the quality of the job that males and females get, but there is also an income gap among the two genders. Women who working full time in 2012 received $37,791 in median income, 77% of what men earned. Similarly in the UK, the percentage of men earning below £23,999 was found to be 55.6% while for women it was 70%. On the other hand, 44.4% of men earn above £24,000 against 30% for women.
Times prove to be hard for new graduates when it comes to pursuing their dream job. The current situation compels graduates to resort to various low-waged part-time jobs and make the most of their potential to find the best possible opportunity.