Report: California Women Still Reeling From Great Recession

Sheryl Sandberg

With all the fuss about Facebook's Sheryl Sandberg's optimistic new book cherishing women's "empowerment," a report by the California Women's Project shines a different light on gender and economics. The study, as noted in an Oakland Tribune story picked up by siliconvalley.com, notes how women in the Golden State have not shared in the so-called recovery from the Great Recession.

Here's one sobering thought: "the median annual earnings among women in California declined from $32,973 in 2006 to $30,938 in 2011."

Meanwhile, Ms. Sandberg's base compensation at Facebook was $300,000 plus $30 million (more or less) in Facebook stock. She also owns stock options and restricted stock units that may be worth well in excess of $1 billion.