There's an odd gender anomaly showing up in wage data

The Federal Reserve is pleased to see unemployment falling. Its one reason they are now taking small steps toward tighter interest rates. Rising wages will be an important signal that inflation is picking up.We see in this chart from the Atlanta Federal Reserve Bank that wages are indeed rising, but theres an interesting gender anomaly.The chart shows year-over-year median wage growth for men (gold line) and women (green line). The two lines generally tracked closely from 1996 but started to diverge in 2015.Female wage growth first fell while male wage growth held steady. Then, in early 2016, female wage growth took off while male wage growth was again relatively flat.What gives' I suspect its linked to the nature of each genders job opportunities. Wages may be rising in female-dominated occupations. Those lines are breaking down, but there are still big gender gaps in fields like nursing and social work.SEE ALSO:Trump's national security adviser, Michael Flynn, is on thin iceJoin the conversation about this storyNOW WATCH: Here's what that square patch on your backpack is actually used for
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