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Gender Pay Gap Stuck
Since the mid-1990s, the pay gap between men and women has pretty much gotten stuck, according to a report in today’s New York Times.
The gap actually has widened for women with four-year college degrees, while narrowing only slightly for other women. The Times says:
These trends suggest that all the recent high-profile achievements—the first female secretary of state, the first female lead anchor of a nightly newscast, the first female president of Princeton, and, next month, the first female speaker of the House—do not reflect what is happening to most women, researchers say.
Overall, in 2005 women were paid about 77 cents for every $1 a man made.
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