Report: Gender Pay Gap Is Actually Getting Worse for Millennial Women

 Source: Alpha Stock Images - http://alphastockimages.com/ Creative Commons

Source: Alpha Stock Images - http://alphastockimages.com/ Creative Commons

Women between 25 and 34 years old are are actually slipping backwards when it comes to pay equality with men, according to data from the Bureau of Labor Statistics. Money.com reports that according to BLS, in that age group millennial women made just under 89 cents on a man’s dollar in 2016, down from a high of 92 cents in 2011. That means the gender gap in median weekly earnings is the widest in seven years.

The dip is surprising, given that millennial women are increasingly highly-educated relative to their male peers. According to the article, part of the explanation could be that in recent years, gender-wage parity had been improving because men’s wages weren’t doing well. Now that the economy is improving, the gap appears to be widening again.