A new report by Equal Rights Advocates reveals how many women of color are struggling with balancing work, child care, and paying back debt.
For Menyuan Jordan, taking care of her three children while juggling a career that she loves has been like walking a tightrope.
During the COVID-19 lockdowns, when schools were shuttered to prevent the spread of the virus, work became impossible for Jordan. Jordan also had $20,000 in credit-card debt. “We sometimes had to pay bills with credit cards because we couldn’t make ends meet,” she said. “It’s the interest rate that’s killing us,” she added.
“Expanding access to paid leave, reinstating the child-tax credit, providing more affordable child care, and raising the minimum wage so that people can afford child care would help working moms.” “There is nearly a constant state of anxiety for working mothers and family breadwinners in this country,” Noreen Farrell, executive director of Equal Rights Advocates, told MarketWatch.
In the ERA survey, 38% said that shifts in child care led to a reduction in work hours. 17% said they were forced to leave their job because they couldn’t find child care. And 31% said that child-care responsibilities will delay their return to work at the same level as before they left. Consider the fact that 77% said they had less than $30,000 in assets for a rainy day. Half of the respondents said they were scraping through with their income.
“This is about how you value women’s work and what you’re willing to do to make sure there’s full participation,” Farrell said. “Until the work of women is prioritized and child care is seen as an essential component of that, there won’t be policies to really address what are long standing inequities in our economy.”
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