MadMen no more…Young Women outearning Men
The WSJ and MSNBC both ran the same story today – Women are beginning to earn more than men. Apparently Unmarried Women without Children are making more than male counterparts in a number of cities.
And statistics still show that Single Income Households (women raising children on one salary) are at a disadvantage financially. However in 47 of the top 50 cities, Women from 22-30 (without children) had higher incomes than male counterparts. And the best city – Atlanta with NYC right behind.
So great news for college educated professional women who want to work – the money and jobs are there. On the other hand, the birth rate in the US is the lowest in decades and this could create a problem down the road when there aren’t enough skilled and educated workers for jobs. However we won’t see this for many years and things may change by then.