Asked by Parker Murdie on Jul 19, 2024
Verified
In the U.S.labor market,women of all ethnicities have the highest median earnings of any of the major demographic groups discussed in the chapter.
Median Earnings
The middle value of earnings in a given distribution, where half of the observation points are below and half above.
Labor Market
The marketplace where the supply of workers is met by the demand for them by employers, determining employment levels and wages.
- Explore the contribution of demographic variables and discrimination to the distribution of earnings.
Verified Answer
JO
jonah olivanJul 24, 2024
Final Answer :
False
Explanation :
This statement is false. According to the chapter, white men have the highest median earnings in the U.S. labor market, while women of all ethnicities have lower median earnings.
Learning Objectives
- Explore the contribution of demographic variables and discrimination to the distribution of earnings.