Gender Pay Gap Report: Women Managers Still Lag Behind Men

Women make up nearly half of America's workforce but the number of females in management positions and their corresponding pay still lags behind that of their male counterparts, according to a new government report.

The U.S.Government Accountability Office report, "Women in Management: Analysis of Female Managers' Representation, Characteristics, and Pay," released today found that little has changed for women in the workforce when it comes to compensation.

Congresswoman Carolyn Maloney. D-N.Y., and chair of the Joint Economic Committee, commissioned the report and is holding a congressional hearing today to discuss its findings.

"What is most startling to me is how little progress we've made even though there's a bright spot in that more women are gaining education, we're closing the education gap but we're not closing the pay gap," Maloney said.

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