Business Magazine

More Than Half of Women Are Now Primary Breadwinners

Posted on the 30 January 2019 by Jamiedunham @jdunham

More than Half of Women Are Now Primary BreadwinnersNew news. It used to be that 40% of women in married households were the primary breadwinner. Now, more than half of American women are the primary breadwinners in their households and many of them are worried about financial matters. Results from the Center for American Progress show that 63% of mothers were primary, sole or co-breadwinners for their families. Sounds like good news?  Well, not so quick.

Sounds like good news? Well not so quick. The fact that women are bringing home a significant portion of their families’ incomes does not mean that there is gender parity in the workforce, nor does it mean that working parents and caregivers have the supports they need. Issues such as the gender wage gap and lack of policies such as universal paid family and medical leave, paid sick days, and workplace flexibility still hold women back from reaching their full economic potential.

Families in the United States look different than they did a generation or two ago. Married couples today are less likely to have children than they were in the past, and single-parent households are also much more common. In 1974, a married couple headed 84% of all families with children, while in 2015, only about two-thirds, or 65.5%, of families with children were headed by a married couple. And from 1974 to 2015, the rate of families with children headed by a single mother nearly doubled—from 14.6% to 26.4%—while the rate of single fatherhood quadrupled from 1.4% to 8.1%.

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