Young women now earn more than men

Young women are finally gaining the recognition in their pay packets that their higher qualifications merit, according to new research.

Figures show that women aged between 22 and 29 in work in the UK are earning more on average an hour than men of the same age.

The figures were unearthed by Mary Curnock Cook, chief executive of the Universities and Colleges Admission Service, during research into the gender gap in education.

The women’s lead in the pay stakes is still only slight — their median hourly pay is now just over £10 (€11.60) compared with just under £10 for men. But it reverses a historic trend. Ms Curnock Cook contrasted the findings with figures from 1997 which showed the opposite.

“The gender pay gap may take another generation to close as the pay feeds through to the more senior workforce,” she said. The figures show that the gap between men and women’s hourly pay is also closing among 18- to 21-year-olds and 30- to 39-year-olds.

It is only among older workers — 40- to 49-year-olds — that men remain significantly ahead of women, earning £14 (€16.30) an hour while women earn £12 (€14).

Overall, too, the gap between the extra that women can expect to earn from obtaining a degree, and the extra men can expect, remains significant: £82,000 (€95,000) compared with £121,000 (€141,000). (© Independent News Service)


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