Talk of the gender pay gap first surfaced decades ago, back in the era when Ms. magazine was making its debut. So perhaps it's not surprising that millennial women think it's a historical relic.
But they are wrong.
Women who recently graduated from college earn just 82 percent what their male peers pull down, according to a 2012 study by the American Association of University Women. And even when that figure is adjusted for differences in education levels and career paths, a gap still exists. Women in business and management earn 86 percent of what men earn, and in sales occupations that drops to 77 percent.