Here’s the bottom line: We’re making progress, but the gender pay gap still exists at all income levels, and widens as people get older.
Highly-educated women with professional degrees tend to begin their careers at approximately the same salary level as their male counterparts, but as their careers progress, a gender gap opens up. By their late 30’s, men with professional degrees earn 50% more than their female counterparts.
So how do we fix that? Beginning with the first bill he signed into law, President Obama’s been fighting to help women receive the pay they deserve. But he can’t do it all by himself. Congress needs to act to help ensure equal pay for women.
That’s all for today! I hope you enjoyed our charts. I had a blast. —Betsey