As you may have heard, men make more
than women, about 78 cents on the dollar. As with any statistic, without context, it is useless. It doesn't mean, as many people believe, that if a woman did the same job as a man, she would earn 78% of what he did. The median or typical Female worker (in the US makes $9.88, while the median Male worker makes $12.63. (WSJ 7/17/98, p. A2) It says nothing about how much less they make in equivalent jobs, though that would be a much more useful statistic.