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http://www.nytimes.com/2007/08/03/nyregion/03women.html?pagewanted=2&_r=1&th&emc=th
This is great news, albeit somewhat unsurprising. Women now attend college at a much higher rates than men, so it only makes sense that we'd see this shift. I wonder how much further it's going to go.
Side note:
God I love this city.
Young women in New York and several of the nation’s other largest cities who work full time have forged ahead of men in wages, according to an analysis of recent census data.
The shift has occurred in New York since 2000 and even earlier in Los Angeles, Dallas and a few other cities.
It shows that women of all educational levels from 21 to 30 living in New York City and working full time made 117 percent of men’s wages, and even more in Dallas, 120 percent. Nationwide, that group of women made much less: 89 percent of the average full-time pay for men.
In 2005, 53 percent of women in their 20s working in New York were college graduates, compared with only 38 percent of men of that age. And many of those women are not marrying right after college, leaving them freer to focus on building careers, experts said.
...
“In women’s-studies courses you always heard that men were making more money, and it was a disadvantage being a woman,” Ms. Kraft said. “It’s great that it’s starting to turn around.”
New York may also be more attractive to college-educated women, some experts said, because many jobs in the city pay higher salaries than similar ones elsewhere in the country. “New York is an achievement-based city, and achievement here is based on how well you use your brain, not what you do with your back,” said Mitchell L. Moss, a professor of urban policy and planning at the Robert F. Wagner Graduate School of Public Service at New York University.
In 1970, all New York women in their 20s made $7,000 less than men, on average, adjusted for inflation. By 2000, they were about even. In 2005, according to an analysis of the latest census results they were making about $5,000 more: a median wage of $35,653, or 117 percent of the $30,560 reported by men in that age group.
But as women enrolled in college and graduate school continue to outnumber men, gender wage gaps among older workers may narrow, too, experts said. Even among New Yorkers in their 30s, women now make as much as men.
Though Dr. Beveridge’s analysis showed women making strides, it also showed that men were in some ways moving backward. Among all men — including those with college degrees — real wages, adjusted for inflation, have declined since 1970. And among full-time workers with advanced degrees, wages for men increased only marginally even as they soared for women. Nationally, men’s wages in general declined while women’s remained the same.
This is great news, albeit somewhat unsurprising. Women now attend college at a much higher rates than men, so it only makes sense that we'd see this shift. I wonder how much further it's going to go.
Side note:
Several experts also said that rising income for women might affect marriage rates if women expect their mates to have at least equivalent salaries and education.
“When New York college women say there are few eligible men around, they’re right if they mean they’ll only settle for someone with an education akin to their own,” Professor Hacker said.
God I love this city.