In most major urban centers around the country, statistics are revealing a significant shift in compensation trends among young male and female workers with college degrees. On average, among the 150 largest urban centers in the U.S., young, single, childless women were making 8% more on average than men of the same age and educational qualifications.
In some of the larger cities, like New York and Los Angeles, that number was even higher, sometimes approaching 20%
Obviously, this is a very specific sub-set of the female population, but in terms of recent college graduates working in large urban centers, the qualifiers of young, single and childless probably applies to the vast majority of women. That means, essentially, that female college graduates in their 20s are likely to get higher wages than their male counterparts. Good news for young women, to be sure, and perhaps a bit of a wake-up call for the young men who are getting the short end of the compensation stick.
There could be several societal and cultural factors influencing this trend, but a few that immediately come to mind include the following:
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