The General Accounting Office (GAO) analyzed Current Population Survey (CPS) data for 1995-2000 to assess the situation of women managers in 10 industries that employ over 70 percent of women workers. Despite a sense of continued progress toward gender equality in the workplace, in the 10 industries employing 71 percent of United States (US) women workers and 73 percent of US women managers, data showed women managers continued to lag behind their male counterparts in both advancement and pay. In 7 industries, the wage gap actually widened. Women continued to be underrepresented in management and held a share of management jobs proportionate to their share of the industry workforce in only 5 industries. Women's record presence in the work force was not matched by their presence in the more influential and economically advantageous positions. Women's earnings now peaked at ages 45-54, just as men's did. Women often selected industries and occupations that enabled them to combine work and family responsibilities. Jobs where women predominated generally paid less than jobs where men predominated. Occupational segregation produced different levels of management and different management tracks, including tracks that led nowhere. In 2000, the pay gap among all working women and men was widest among parents. (Contains 12 endnotes) (YLB)