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You've come a long way, maybe

The old normal: Men earned more than women.

The new normal: Men don't earn more, especially if the woman is young, urban and educated.

According to a new study by Reach Advisors, a New York consumer research firm, single, childless women in their 20s are out-earning their male counterparts in 39 of the 50 largest metro areas. They earn just as much in another eight.

So has the gender gap been bridged? Maybe not.

Another study, by the Institute for Women's Policy Research in Washington, D.C., found that for all women, pay is just 77 cents on the dollar compared to men.

What's the deal? James Chung, president of Reach Advisors, says the answer is a matter of degrees -- literally. A college degree pays off in higher salaries over a working lifetime, and Reach research finds that women are far more likely than men to have one or more degrees.

"I don't think our data necessarily proves that young women earn more than men in comparable fields," Chung says. It's that young women are "more likely than young men to have the educational requirements to enter the knowledge-based work force."


 

 

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