Is the Wage Gap in New York City Narrowing or Are Wages of Men on the Decline?
pThe passage of the Lilly Ledbetter Fair Pay Act on Thursday is great news for women across the country who on average still earn .78 to every dollar earned by men. In New York City, however, women seem to already be bucking the national trends. According to a study published in 2007, women in the Big Apple in their 20s and of all education levels made 117 percent of men’s wages in 2005. However, it may not simply be an issue of women catching up in New York City, but of male wages declining. When adjusted for inflation male earnings have been falling since 1970./p