How the Pay Gap Between Men and Women Starts Small and Gets So Much Bigger

A new analysis shows that the wage differential expands over time
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Men earn only about 3 percent more than women among recent graduates, yet that gap widens substantially with age, New York Federal Reserve economists find.

Looking at workers between the ages of 22 and 27 with at least a bachelor's degree in the years 2009 to 2013, researchers find that women earn nearly as much -- and in some fields, more than -- their male counterparts, controlling for factors including age, race and college major. But don't celebrate gender equality just yet.