Have you ever heard the term “scuddle”? It’s an English term from the 1500’s meaning “to wash dishes,” something many of us did plenty of over Christmas. I bring this up because on this date in 1886 Josephine Garis Cochrane patented the world’s first dishwasher! Where would we be without women in schools or the workplace or being educated… Or thinking? (Let’s ask the Taliban in Afghanistan: hopefully you’re following this nightmare.) The United States is nowhere near that, but we have a gender pay gap that has remained relatively stable over the past 15 years or so. In 2020, women earned 84 percent of what men earned, according to a Pew Research Center analysis of median hourly earnings of both full- and part-time workers. Common explanations of this disparity, present across most industries and professions, include the perception that women are less likely than men to negotiate raises and promotions, women’s disproportionate childcare responsibilities, and stereotypes about women’s and men’s respective talents. A new paper highlights an underexplored way in which stereotyping can impact the livelihoods of women, particularly those working in high-skilled, client-based professions, long after they’ve committed to their industry of choice. The researchers reveal that gender stereotyping can weaken clients’ perceived trust in female professionals’ core offering: their expertise. (Today’s podcast is coming from Candor Technology. Home of the One Touch Underwrite, supporting lenders from Point of Sale to Post Close QC, to reduce repurchase risk, increase underwriter productivity by 400 percent, and decrease turn-times by 10 days.

Published On: December 28, 2022 / Categories: Mortgage News /