Another huge factor could be that many (but not all) women today are more financially independent than previous generations and therefore have less reason to hitch their wagon to a partner before they’re sure and ready. Last year, there were more women recorded in work
than ever before. Now, of course, women have always worked. They just haven’t always been paid properly. Indeed, some still aren’t (see unpaid care work
). Nonetheless, ONS data shows that the UK employment rate for women
has been steadily increasing for almost a decade, jumping from around 65% in 2010 to 71% in 2019. And an often-overlooked fact is that, financially speaking, young straight women are no longer as dependent on men. While we still have a pernicious gender pay gap
across the board in Britain, in recent years, women in their 20s who are in full-time work have actually been out-earning their male counterparts
, according to the Annual Survey for Hours and Earnings
. That’s right, younger generations of women seem to be reversing the gender pay gap and only experience inequity when it comes to how much they earn later in life, perhaps after having children and entering into part-time work.