Women are working more than ever, but they still take on the most household responsibilities
And it’s not just about chores and childcare; women are also much more likely to be the ones who care for sick or elderly family members.
42 percent of men. Plus, women take ten times as much temporary leave from work as men upon the arrival of a child. Without a national paid leave policy, this usually means that women are taking home less or no money during their time off. This can lead to long-term financial consequences, due to loss of income and benefits, missed raises and promotions, and inability to fund their retirement accounts and Social Security.
After becoming a parent, women are more likely to switch to a job with greater flexibility and work more from home, which can result in lower pay. Twenty-one percent of women said they were paid less for doing the same work they did before they took time off to care for their children. Outside of the negative financial and career ramifications, women are also more stressed and have less time for self-care.
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