Wage Gap Shrinking Between Millennial Men, Women


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ShaunWilkinson/Thinkstock(NEW YORK) — The gap between young men and women’s wages has narrowed.

A Pew study says millennial women make 93 percent of what their peers earn.

“They’re the closest to parity with men that any young group of women has ever been at,” says Kim Parker of the Pew Research Center.

Higher education rates among young women is one factor but this is key: “The weakening position of young men in terms of their wages has actually strengthened women’s position relative to men,” notes Parker.

The survey also indicated that a large portion of young women have little desire to advance to leadership positions at their workplace.

Copyright 2013 ABC News Radio

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