Plenty of billionaires, but few are women
After making big strides in the 80s and 90s, the number of women breaking into the top 1% of earners has stalled
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New York
WOMEN have been rapidly climbing the employment and wage ladders in recent decades. But only a small fraction have made it to the top rungs - and their progress may be slowing.
New research shows that after making big strides in the 1980s and 90s, the number of women breaking into the top one per cent of earners has stalled. Women account for only 16 per cent of that one per cent, a number that has remained essentially flat over the past decade, according to a paper by three economists. And they account for only 11 per cent of the top 0.1 per cent of earners.
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