Report: Women need additional degree to earn as much as men
New research on the gender wage gap shows that although women have surpassed men in educational attainment, the wage gap persists. In fact, women need one more degree than men in the same field to attain similar earnings. “Women Can’t Win: Despite Making Educational Gains and Pursuing High-Wage Majors, Women Still Earn Less than Men” shows that women on average earn just 81 cents for every dollar earned by a man. Even when comparing men and women who have equal educational attainment and work in the same occupation, women still earn only 92 cents for every dollar earned by men. While women’s educational gains have reduced the gender wage gap, they have not erased it. Concentration in low-paying majors and occupations continues to hinder women’s earning potential. Read more