WASHINGTON: The income of one group of US women is catching up to and even overtaking men, a study shows.
They are single women in their 20s without children, who live in large cities and work full-time, according to a study of census data by Reach Advisors, a New York-based strategy and research firm focused on emerging shifts in the consumer landscape.
Those young women earn on average 8 per cent more than men in their age group, but in some cities, such as Atlanta in Georgia and Memphis, Tennessee, women earn about one-fifth more than men. On average, American women who work full-time earn about 80 per cent of what men earn.
The report says that one reason for the finding is that girls are “going to college in droves”.
Nearly three-quarters of girls who complete high school go on to university, compared with two-thirds of boys.
Women are 1 1/2 times more likely than men to graduate from university and to obtain a masters degree or higher.
Census data released in April showed that 58 per cent of all US masters degrees or PhDs were awarded to women. As women go further in their education, they are also delaying getting married and starting a family.
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