WASHINGTON, Dec. 11 (UPI) -- Younger women are closing the gap on pay compared to their male counterparts, a study of U.S. workers found.
Women aged 25-34, who are in the so-called Millennial generation, are earning 93 percent of what men in the same age group are earning. Among all women age 16 or older, the average wage is 84 percent of what men earn, a Pew Research Center study released Wednesday said.
The group is also better educated than older women and men in their age bracket. The study found 38 percent younger women had completed a bachelors degree. That's significantly higher than younger men, 31 percent of whom have four-year degrees, the research center said.
"Today's young women are the first in modern history to start their work lives at near parity with men," the research center said in a release. But that does not mean women see their future careers on equal footing with men.
In the survey conducted in the last three weeks of October, researchers found 51 percent of working women with children under 18 indicated that being a parent interfered with their careers.
Among men, only 16 percent with younger children indicated parenting impacted their career.
Men and women want roughly the same thing out of a job: Good pay, interesting work, flexible hours. But men are far more likely than women, for whatever reasons, to aspire to a top management job, the study found.
Among younger women, 34 percent indicated they were not interested in a top management position. Among younger men, 24 percent indicated they were not aspiring to become top-level managers.
With 2002 adults surveyed, the results of the study carry a margin of error of plus and minus 2.7 percentage points, it can be said with 95 percent certainty.