Is that a co-worker knocking on your office door, or is it love? Turns out, there’s a good chance it could be both.
By Kaitlin Madden
In the last 30 years, the wage gap between men and women has narrowed considerably. In 1979, the year the Bureau of Labor Statistics began tracking salary information by gender, women earned just 62 percent of what men did. Earlier this year, the BLS reported that, in the fourth quarter of 2011, that figure had risen nearly 20 percent. Women now earn an average of 81.6 cents for every dollar men do.
But in a time when women make up close to half of the workforce and are graduating college at a higher rate than men, why is there still a nearly 20 percent difference in earnings?