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What is the adjusted gender pay gap in Iowa?

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What is the adjusted gender pay gap in Iowa?
Answer: 

The Male Female Wage Gap in Iowa compared to the U.S. by Peter F. Orazem and Levi Soborowicz

The Current Population Survey March Supplement includes questions about the last year’s annua earnings. The survey includes about 150-200 thousand individuals. The survey provides enough observations for us to measure the male female wage gap for Iowa, and we compare the results to the U.S. as a whole.

What information is needed to predict market value?

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What information is needed to predict market value?
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I believe the question being asked is how to calculate what an NIL deal might be worth to a college athlete?  In particular, the focus of the question also seems to be on determining what a college athlete could get paid to be a sponsor, a spokesperson, or serve as a testimonial for a product or service that is being sold by a business.  The athlete is compensated by the selling firm (or entity) for promoting a company's product or service.  There are a lot of factors that go into determining the value of this promotion to a company including 1) the size and demographics of t

Marginally Attached workers- How do we get them back in the workforce?

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Marginally Attached workers- How do we get them back in the workforce?
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The sudden and persistent drop in labor force participation that began with the pandemic has been called the Great Resignation. The labor force fell by 3.2 percentage points at the beginning of the pandemic (Figure 1), but almost immediately began to rebound. By 2022, the labor force participation rate had stabilized about 1.1% below its pre-pandemic level. Incorporating the population growth since February 2020, the loss in labor force corresponds to 3.5 million fewer people who have made themselves available for work.

When you factor in paid maternity leave, is there a wage gap?

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When you factor in paid maternity leave, is there a wage gap?
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Similar to the response of your AP Micro teacher -- part (potentially a large part) of the gender wage gap can be accounted for by the differences in the fields and positions that working men and women hold in the workforce. This study < https://www.payscale.com/data/gender-pay-gap> cites that in 2020, women earned 0.81 cents for every dollar earned by a man. When controlling for the type of work of women were doing, their fields and their titles, women earned $0.98 cents for every dollar a man made.

How does a $15/hr minimum wage affect wages of those not making minimum wage?

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How does a $15/hr minimum wage affect wages of those not making minimum wage?
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Increases in the minimum wage tend to cause firms to raise wages for those whose wages were initially above the new minimum in order to maintain the former pay hierarchy. The biggest effect is on workers closest to the minimum wage. There is also some evidence that firms shift hours to workers paid above the new minimum while reducing the hours of the least skilled workers whose wage rose due to the minimum wage. Both the higher pay and the higher hours will tend to raise income for those who were already paid above $15 per hour.

Minimum wage increase during economic pressures of the pandemic

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Minimum wage increase during economic pressures of the pandemic
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Florida is putting a minimum wage to a referendum of voters. The proposed minimum wage policy would raise the minimum wage from its current $8.86 to $10.00 per hour effective September 30th, 2021. Each September 30th thereafter, the minimum wage shall increase by $1.00 per hour until the minimum wage reaches $15.00 per hour on September 30th, 2026. From that point forward, future minimum wage increases will be tied to the annual rate of inflation.

Stagnant earnings since the late 1980's?

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Stagnant earnings since the late 1980's?
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I will try to answer the questions as I interpret them, but first, it is important to explain what the facts are.

Annual compensation includes wages and salaries, but also benefits.  Benefits including federal social insurance taxes, pensions, health insurance, but also paid leaves, bonus pay, and overtime have become more important over time. 

Will Artificial Intelligence kill graphic design jobs?

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Will Artificial Intelligence kill graphic design jobs?
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Artificial Intelligence is likely to impact all of our jobs, just to varying degrees. Specific tasks that we need to perform in our jobs, skills required, wages, and hours will all likely be adjusted. There will inevitably be winners and losers from adoption of AI, just as computers and robots have substituted mechanical jobs but complemented high skilled jobs in the past decades. There is extensive academic research on impact of automation on labor market. While this line of research is not specific to AI, insights on how new technology affects jobs can be broadly applicable.

"Every job at Boeing supports 3 jobs in the community": true?

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"Every job at Boeing supports 3 jobs in the community": true?
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It is common for industries to claim that they create jobs outside the industry, especially when they are seeking government subsidies.  A few years back, a consultant for the Iowa ethanol industry claimed that ethanol was responsible for 90 thousand new jobs created in Iowa.  As there were only 20 thousand new jobs in Iowa that year,  the estimate was viewed as on the high side.

What do we know about the long-term Impact of minimum wage increases?

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What do we know about the long-term Impact of minimum wage increases?
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The adverse effects of the minimum wage depend on how high it is compared to the prevailing wage in the area.  Because wages are higher in San Francisco than Des Moines, a $15 minimum wage in San Francisco, where the median wage is $25.11, is the equivalent of an $11.76 minimum wage in Des Moines, where the median wage is $19.69, or a minimum wage of just over $10 in rural Iowa.  A $15 minimum wage would be disastrous in rural Iowa and would only have small effects in San Francisco.  How long the negative effects of minimum wage lasts depends on whether it changes over time o

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