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watch now"For mothers, employment and earnings conditional on being employed fall sharply around the time of birth for women, and, more ominously, may remain permanently lower well after childbirth," the authors of the PNAS study wrote. There is a dynamic that perpetuates itself, according to Jasmine Tucker, vice president of research at the National Women's Law Center. Alternatively, fathers who work full time experience a wage "bonus" when they have children, according to a separate report by the British trade union association TUC. "The gender imbalance in time spent on caregiving persists, even in marriages where wives are the breadwinners." In fact, the motherhood penalty is even greater in "female-breadwinner" families, the PNAS study also found, where higher-earning women experience a 60% drop from their pre-childbirth earnings relative to their male partners.
Persons: Jasmine Tucker, Tucker, Richard Fry Organizations: National Women's Law, TUC, Fathers, Pew Research Center, Pew, CNBC Locations: British
It's a trend often fueled by economic downturns and one that some stay-at-home dads hope will stick around. A husband may lose his job or something like that and decide to be a stay-at-home dad, but then he chooses to remain a stay-at-home dad," Shannon Carpenter, a stay-at-home dad for 15 years and the author of "The Ultimate Stay-at-Home Dad," told Insider. And you can see the change starts with stay-at-home dads, that that is an option for us to go through." How stay-at-home dads are changingOver the past 30 years, the number of stay-at-home parents has been on the rise — but the number of stay-at-home moms has essentially stayed flat. But there seems to be some evidence that changing gender norms are contributing to the rise in stay-at-home dads."
Persons: Andrew Ebright, he's, I'm, Ebright, I'd, Shannon Carpenter, St . Louis, Richard Reeves, hasn't, Carpenter, Richard Fry, Fry, Pew, Drew, Drew — Organizations: Service, Pew Research Center, Wall Street Journal, National Center for Education Statistics, Washington University, Boston Fed, Brookings Institution, Pew Locations: Wall, Silicon, St .
CNN —If you’ve made it to your 40th birthday without tying the knot, you’re not alone, according to a recent report from the Pew Research Center. A look at 2021 US Census Bureau data found a quarter of 40-year-olds in the United States had never been married, the research center announced Wednesday. The findings were a “significant increase” from the 20% of unmarried 40-year-olds in 2010, according to the study. The findings, which suggest a shift in Americans’ views of the importance of getting hitched, differed widely to the statistics reported decades ago in 1980, when just 6% of 40-year-olds had never married, Pew reported. If the pattern continues, the research center anticipated that “a similar share” of never-married 40-year-olds would also get married in the coming years.
Persons: you’ve, you’re, Pew, , Richard Fry, ” Fry Organizations: CNN, Pew Research Center, Pew, University of Virginia’s Locations: United States
In almost half of opposite-sex marriages in the U.S., women are now earning the same as their husbands — or out-earning them, by an average of $53,000. Spouses are earning the same income in nearly one-third, or 29%, of opposite-sex marriages, a significant jump from just 11% in 1972. In egalitarian marriages, men and women's earnings are almost identical: In 2022, the median earnings for wives in such marriages was $60,000, while husbands earned $62,000. About 16% of opposite-sex marriages in the U.S. have a breadwinner wife, up from 5% five decades earlier, Pew reports. Women continue to bear the brunt of household responsibilities, even as financial contributions have become more equal in opposite-sex marriages.
watch nowMore women are becoming breadwinners, but the division of labor at home has barely budged, a new report found. Women are achieving increasing levels of education, making them more likely to out-earn their husbands, according to Richard Fry, a senior researcher at Pew. But as women's financial contributions increase, they still pick up a heavier load when it comes to household chores and caregiving responsibilities, the report also found. Age, race and family size also play a role, the Pew report found, with Black women more likely to be the breadwinners, as well as older women and women without children. In marriages where husbands and wives earn about the same, women spend roughly 2 hours more a week on caregiving and about 2½ hours more on housework, according to the Pew data.
There are over two million workers missing from the US labor force, per Bank of America Institute. They can thank gig work, living with others who are earning money, and excess savings or stimulus money during the pandemic. "There's no single driver that's really causing people not returning back to the labor force," Zhou told Insider. Below are different ways these "missing workers" from the labor force may still be affording expenses and paying bills. The "financial buffer" that some of these missing workers may be relying on could be a "temporary reason" they left.
More parents are moving in with their young adult children, and they are doing it while they are younger, healthier and often still working. One in four Americans aged 25 to 34 lived with parents or older relatives as of 2021, the fastest-growing segment in multigenerational households, according to data from Pew Research Center. Most of this group is adult children moving back in with their parents, but a significant number of older adults are moving in with millennials, said Richard Fry , a senior researcher at Pew. In 2021, 9% of multigenerational households were headed by a 25- to 34-year-old, up from 6% in 2001.
Gen Z is facing a "national crisis," according to social psychologist and NYU professor Jonathan Haidt. Haidt told the Wall Street Journal that Gen Z women are going to be less successful than Gen Z men. That's partly because many Gen Z women are facing mental health challenges like anxiety. As Gen Z enters the workforce, the problem could get even worse. "Gen Z women, because they're so anxious, are going to be less successful than Gen Z men," he said.
watch nowWhy so many young adults live with mom and dadOverall, multigenerational living is on the rise and has been for years. In 2020, the share of those living with their parents — often referred to as "boomerang kids" — temporarily spiked to a historic high. Now, 25% of young adults live in a multigenerational household, up from just 9% five decades ago. A smaller share live in their own home and have a parent or other older relative stay with them. The percentage of young adults living with parents or grandparents is even greater among men and those without a college degree.
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