+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Women now outnumber men in the college-educated workforce. They still get paid less.

Jun 26, 2019, 23:28 IST

Getty Images

Advertisement
  • More American women held at least a bachelor's degree than men in the first quarter of 2019, according to the Pew Research Center.
  • If the trend continues, this year will be the first where women form the majority in the college-educated labor force.
  • Women makeup still make up less than half of the overall workforce.
  • Visit Business Insider's homepage for more stories.

College-educated women are working more than similarly educated men in the US for the first time ever.

A recently released Pew Research Center analysis finds that 29.5 million working women held at least a bachelor's degree in the first quarter of 2019, compared to 29.3 million men.

The number of women who graduate college has long been higher than the number of men, yet women have long had less workforce participation overall. Women makeup still make up less than half, or 46.7%, of the overall workforce, Pew finds.

Read more: Women spend 7 more years working than men and get no money or credit for it

Advertisement

The recent data has implications for the gender pay gap. Workers with bachelor's degrees earn around $20,000 more than those with less education. White men still earn $9,909 more annually than women - and even more compared to black and Latina women - but Pew predicts the growing number of college-educated women in the workforce could result in higher overall wages for women in the future.

The increase in working college-educated women could be linked to parents waiting to have kids. Women having babies in their 30s now outnumber the amount giving birth in their 20s, according to Centers for Disease Control and Prevention data. Other data indicates that millennial women simply cannot afford children, due to the ongoing fallout of the recession, increasing student-debt, and high cost of living.

On top of financial strain, working women also must tackle a gender divide at home: even when women manage to both work and have children, they still do the bulk of housework compared to men. Mothers spend 16 more hours a week on paid work than they did 50 years ago, yet 4 more hours a week on childcare.

NOW WATCH: Stewart Butterfield, co-founder of Slack and Flickr, says 2 beliefs have brought him the greatest success in life

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article