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Gender Pay Gap Report: Women Managers Still Lag Behind Men

Photo Courtesy -- Getty Images(NEW YORK) -- According to a new government report, females in management positions and their corresponding pay still lag behind that of their male counterparts.  The U.S.Government Accountability Office report, "Women in Management: Analysis of Female Managers' Representation, Characteristics, and Pay," released Tuesday, found 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 Tuesday 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. Although there are more women represented across several industries, the number of women managers only increased by one percent -- from 39 percent in 2000 to 40 percent in 2007.  The report analyzed 13 industries from construction to health care and looked at the pay gap between female and male managers. The factors used in determining the salary levels included age, hours worked and education.  For the first time, the report also looked at working mothers in management.

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