Equal education, unequal pay: Why is there still a gender pay gap in 2024?

abcnews.go.com:

Not even education can close the pay gap that persists between women and men, according to a recent U.S. Census Bureau report

CHICAGO — Not even education can close the pay gap that persists between women and men, according to a recent U.S. Census Bureau report.

Whether women earn a post-secondary certificate or graduate from a top-tier university, they still make about 71 cents on the dollar compared with men at the same education level, Census Bureau research found.

That difference is coming into stark view on Equal Pay Day, and in spite of the fact that women comprise more than half of college-educated workers and participate in the labor force at record rates.

Rather than comparing full-time working men to full-time working women, the Feb. 22 Census Bureau report juxtaposes men and women with the same education caliber: graduates of certificate degree programs and those who hold bachelor’s degrees from the most selective universities, explained economist Kendall Houghton, a co-author of the research. The report also includes graduates who may have opted out of the labor force, such as women taking on child care responsibilities.

“The main point here is that there’s a substantial gap at every single level,” added Census Bureau economist and co-author Ariel Binder.

Field of study, choice of occupation and hours account for much of the discrepancy, but not all. Field of study, for instance, contributes to the pay gap much more for top graduates (24.6%), but for less selective degree holders accounted for only a sliver (3.8%). And the number of hours and weeks worked affect the pay gap more for certificate earners (26.4%) than selective bachelor’s degree earners (11.3%), suggesting there is a bigger gender difference