Posted on 16 September 2010
By Mark Miller
Are women at long last closing the long-standing pay gap with men?
Median pay for American women was 22 percent lower than for men in 2008, according to the U.S. Census Bureau. That gap hasn’t changed much over time, and it’s a key factor in the economic security challenges that women face in retirement.
But one group of women has not only caught up–they’re taking home significantly bigger paychecks. Working women under age 30 who are single and without children have opened up an eight percent income lead over men in the same age group.
But the big picture isn’t very encouraging; Census Bureau data on all working women shows that the income gender gap persists.