Women make up nearly half of workers in America today, and are taking on more responsibility for the pocketbook too! For the first time, a record 40% of U.S. households with children under the age of 18 are headed by bread-winning mothers. That’s quadruple the rate in 1960, according to a new Pew Research Center analysis of data from the U.S. Census Bureau.
The term ‘breadwinner’, applies not only to married mothers who earn more than their husbands, but also single mothers who are the sole household earners. The married, breadwinner mothers fare well. The median total family income of married, breadwinner mothers was $80,000 in 2011, well above the national median of $57,100 for all families with children. Married mothers who out-earn their husbands are slightly older, disproportionally white and college-educated (as compared with all mothers with children).
However, Americans have conflicting feelings about women’s rise in the workplace. Around three-quarters of adults say more working women has made it harder for parents to raise children, and half say that it has made it harder for marriages to be successful, according to Pew. But two-thirds admitted that it has made it easier for families to earn enough money to live comfortably.
What are your thoughts on this issue? Do more women working for pay make it harder to raise children? Does it make it harder for marriages to be successful? Please share your thoughts with other readers.
Excerpted from “Women Continue Rising as Breadwinners” article in Business Insider.