Recent studies have shown that the wage gap shrinks—or even reverses—when relevant factors are taken into account and comparisons are made between men and women in similar circumstances. In a 2010 study of single, childless urban workers between the ages of 22 and 30, the research firm Reach Advisors found that women earned an average of 8% more than their male counterparts. Given that women are outpacing men in educational attainment, and that our economy is increasingly geared toward knowledge-based jobs, it makes sense that women's earnings are going up compared to men's.
Looking forward to CFH magic for the next bball season, Georges style.
When I first read the article I though it made sense that there shouldn't be any difference between single, childless 22-30 year olds, because the biggest difference is when people get married and have kids.
When women have kids they lose experience or time they could be gaining experience where as a male at the same level might earn more because they continue to work and keep gaining experience. I would like to see a similar study with married people with at least one child between the ages of 40-50.
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