ALBANY, NY (607NewsNow) — There’s still a wage gap between men and women. 

New York State Comptroller Tom DiNapoli says women working full-time earned 87.3 cents on the dollar compared to men in 2023. The median income for a woman was $62,111 versus $71,168 for men in New York.

“The gender pay gap in New York is smaller than the national average of 81 cents on the dollar in 2023, as reported in the U.S. Census Bureau’s American Community Survey data,” the report stated. “In 2023, New York ranked 4th best among the states, Washington DC and Puerto Rico.”

Factors in the pay disparity include education. “Young women now receive more than half of all bachelor’s degrees and post-college professional degrees in the U.S. Yet, women continue to make considerably less than men with the same level of educational attainment. In 2023, median earnings for New York women aged 25 and over with a bachelor’s degree were $65,343 compared to $83,929 for men.”

DiNapoli’s report concludes that despite progress, more work is needed to close the gap.

“After decades of progress, gender equity in the labor market has stalled and remains elusive. While the gender pay gap narrowed during the pandemic, according to the U.S. Department of
Labor, it also “set women’s labor force participation back more than 30 years,” with the greatest declines among women of color and in low-wage occupations.”