In a September 2, 2010 article in USA Today reported research done by Reach Advisors on 2008 Census data. This data compared the income data for single men and women ages 22-30 in major metropolitan areas. The results showed that single women in this age bracket when compared to single men in that age bracket out earned them by significant factor, in a range of 12% to 21%. Several factors where cited, but the prime reason was education. More women than men are going to college and they are 1.5 more likely to graduate. This trend is even more apparent in cities with higher minority populations. As an example single women in the study made 21% more than their male counterparts in Atlanta.
Women in their 20’s who are married and have children do not have the wage advantage their single “sisters” have. They are making just 90% of what married with children males make. Hmmmm… could that be due to the career interruption of having the child? Could it also be that women in that age bracket with children are also less likely to have college degrees?
Does this mean that sex discrimination in pay may not be the “great evil” it was once considered to be? Does this mean that legislation such as the Paycheck Fairness Act is unnecessary? Can the market actually take care of this, as many have postulated?
What do you think???