American women would earn an additional $627 billion a year if they were paid for their care work, a new analysis shows.
Women spend an average of about 52 minutes a day caring for children and other family members, including those who go out, while men spend about 26 minutes a day caring for children and other family members, according to an analysis published Monday by the National Partnership for Women and Families, a working-family research organization. family member. Advocacy group, show.Let’s say their average wage is $14.55 per hour child care worker Women would earn an additional $4,600 a year if they were compensated for their care work, while men would earn about $2,300.
The report comes a day before Moms’ Equal Pay Day — a sign of how much time the average American mom will have by 2023 Work Recreates what dads do in 2022 and highlights how caring for women takes a toll financially.Working mothers often earn less than their male counterparts, even if they are breadwinnerAnd women who care for other family members are also more likely to face career setbacks, such as working shorter hours or taking time off work.These disadvantages add up to a wage gap that costs American women workers $61 trillion Equal pay efforts, since 1967, are expected to continue at least until 2056 at the current rate of progress.
Katherine Gallagher Robbins, a senior fellow at NPWF and one of the report’s authors, said: “Men and women both do a lot of things, but we wanted to show the gap: Women do more of the work. care work, women are more likely to be caregivers.”, reviewing 2022 U.S. Bureau of Labor Statistics data. “Caring is something people do out of love. But that doesn’t mean it’s not expensive.”
A recent analysis of 800,000 income reports over 20 years shows that all mothers, regardless of pay or education, are hit with what is known as the “motherhood penalty”.On average, they lose about $8,000 per year With the birth of the first child, dads’ incomes have not been significantly affected. The wage gap is also wider for mothers of color and single parents.
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