Thursday, September 02, 2010

Young, single, childless women out-earn male counterparts - USATODAY.com

Young, single, childless women out-earn male counterparts - USATODAY.com: Single, childless women in their twenties are finding success in the city: They're out-earning their male counterparts in the USA's biggest metropolitan areas.

Women ages 22 to 30 with no husband and no kids earn a median $27,000 a year, 8% more than comparable men in the top 366 metropolitan areas, according to 2008 U.S. Census Bureau data crunched by the New York research firm Reach Advisors and released Wednesday. The women out-earn men in 39 of the 50 biggest cities and match them in another eight. The disparity is greatest in Atlanta, where young, childless single women earn 21% more than male counterparts.

...The trend is especially apparent in cities where minority groups make up more than half the population. Among blacks and Hispanics, women are more than twice as likely as men to earn college degrees. Contributing to the shift: the "decimation of the manufacturing employment base," which has wiped out good-paying jobs for young men who didn't go to college, Reach Advisors notes.