Why the lifetime earnings of American me are on a slow, inexorable decline
“As the gender wage gap is closing, men and women’s lifetime earnings distribution seem to be offsetting one another. New research shows men’s median lifetime income has declined by 10% to 19% (adjusted for inflation) when you compare men who entered the workforce in 1967 with men who entered it in 1983; meanwhile, women’s median lifetime income increased by 22% to 33% between the cohorts who entered the workforce in 1967 and those in 1983, according to a report published in the National Bureau of Economic Research that used data from the Social Security Administration.”