Today's Date: December 7, 2022
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Daktronics, Inc. (DAKT) on Beha   •   Congress Introduces Legislation to Place American Women's Suffrage Monument on the National Mall   •   GOOD Meat Partners with Huber’s, World’s First Butchery to Sell Cultivated Meat   •   Univar Solutions Named on Newsweek's America's Most Responsible Companies 2023 List   •   President Barack Obama Reflects on Tragedy to Transformation at Sandy Hook Promise Benefit Ahead of 10-Year Remembrance   •   Minister Hussen participates in the first session of the United Nations Permanent Forum on People of African Descent   •   IPG Announces Grand Opening Event for New Homes Available For Sale at Mill Villa Estates, an Active Adult 55+ Community in James   •   The National Kidney Foundation Honors Kidney Patient for Continuing to Advocate for Others   •   The Law Offices of Frank R. Cruz Announces Investigation of Daktronics, Inc. (DAKT) on Behalf of Investors   •   Edgewell Personal Care Named One of America's Most Responsible Companies in 2023   •   Shareholder Alert: Robbins LLP Informs Investors of Class Action Against NeoGenomics, Inc. (NEO)   •   CER partners with Saskatchewan First Nations to develop energy information products   •   Ventas Declares Fourth Quarter 2022 Dividend of $0.45 per Common Share   •   BCG and ABS Combine Expertise to Support Marine and Offshore Decarbonization   •   Government of Canada invests $1.2 million to promote mental health in postpartum women and their families within Asian and South   •   EQUITY ALERT: Rosen Law Firm Encourages NeoGenomics, Inc. Investors with Losses to Secure Counsel Before Important Deadline in S   •   Sister Jean to Release Debut Memoir, Wake Up with Purpose!: What I've Learned in My First Hundred Years with Harper Select, on F   •   Anaergia Announces Operational and Commercial Milestones, Reaffirms Guidance for 2022, and Provides Guidance for 2023   •   SI CLASS ACTION NOTICE: Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against Silvergate Capital Corporation   •   Attention Shareholders:  Kessler Topaz Meltzer & Check, LLP Reminds Shareholders of Securities Fraud Class Action Lawsu
Bookmark and Share

Women Breadwinners Becoming More Common

 DURHAM, N.H. – In the second year of the recession, wives’ contributions to family earnings leapt again, jumping two percentage points from 45 percent in 2008 to 47 percent in 2009. This rise, documented in a new fact sheet from the Carsey Institute at the University of New Hampshire, marks the largest single-year increase in 15 years.

 

“As husbands lose their jobs, family earnings plummet, and the role of wives’ earnings often becomes critical to keeping families afloat,” says fact sheet author Kristin Smith, a family demographer at the Carsey Institute. “Make no mistake: this increase is not due to advancement or opportunities for women, but rather it is an indication of hard financial times for families.” Smith notes that while the official end of the “Great Recession” was in June 2009, American families continue to experience the pain of massive job loss and slow job recovery.

 

An additional key finding is that almost half the total increase in wives’ share of family earnings over the past 15 years occurred during the Great Recession. Over thirteen years, from 1995 to 2007, employed wives’ share of total family earnings grew by four percentage points. In contrast, from 2007 to 2009 (the two years of the recession) employed wives’ share grew by three percentage points. 

 

The large increase in wives’ roles as family breadwinners is not due to an increase in their earnings (in fact, the median earnings of employed wives decreased from $31,041 in 2007 to $30,000 in 2009), but rather to a decrease in husband’s employment as the economy disproportionately shed male-dominated jobs during the recession. Job loss and unemployment has been particularly high among African American men and men with less education, and in both cases wives contribute an even higher percentage (55 percent and 58 percent, respectively) of total family earnings.

 

“The massive job loss over the 18 months of the recession, primarily in male-dominated industries, has left many families with lower earnings, and has placed an unprecedented importance on wives’ earnings to keep families afloat,” says Smith, who is also a research assistant professor of sociology at UNH. “With almost half of family earnings now coming from wives, equity in the workplace needs attention more than ever. Family economic stability depends on wives’ economic contribution, and families suffer when women earn less.”

 

The fact sheet, “Wives as Breadwinners: Wives’ Share of Family Earnings Hits Historic High during Second Year of Great Recession,” is available to download here: http://www.carseyinstitute.unh.edu/publications/IB-Smith-Breadwinners10.pdf. It updates an earlier fact sheet that looked at the increase of employed wives’ contributions during the first year of the recession, available here: http://www.carseyinstitute.unh.edu/publications/IB-Smith-Breadwinners09.pdf   

 

The Carsey Institute conducts policy and applied research on vulnerable families and on sustainable community development, giving policy makers and practitioners the timely, independent resources they need to effect change in their communities. 

 

The University of New Hampshire, founded in 1866, is a world-class public research university with the feel of a New England liberal arts college. A land, sea, and space-grant university, UNH is the state's flagship public institution, enrolling 12,200 undergraduate and 2,200 graduate students.



STORY TAGS: WOMEN , MINORITY , DISCRIMINATION , DIVERSITY , FEMALE , UNDERREPRESENTED , EQUALITY , GENDER BIAS , EQUALITY



Back to top
| Back to home page
Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News