Younger women significantly narrow the gender pay gap while education attainment outpaces men
Women and the Earning Gap
A new study by Pew Research suggest that young women are ‘leaning in’ more and more as earnings and education attainment level increase for women. A study by the Pew Research center shows that for younger women, the so called Millennial generation, the unadjusted gap between what women an men earn is significantly smaller than women from other generations. The survey, which is based on U.S. Census data, finds that:
this group of young women are the first in modern history to start their work lives at near parity with men. In 2012,
The study found that among workers ages 25 to 34, women’s unadjusted hourly earnings were 93% those of men. By comparison, for all working men and women ages 16 and older, the study found that women’s hourly wages were 84% those of men.
The study does not adjust for factors such as the type of job. Accounting for these types of employment factors would likely decrease the earnings gap even further.
The study also found that women in the Millennial generation outpaced men in terms of educational attainment. The graph below shows the % of men and women enrolled in college and those earning Bachelors’ degrees.
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