40% of Moms Bring Home the Bacon

40% of Moms Bring Home the Bacon

June 11, 2013         Written By Lynn Oldshue

According to a recent report from Pew Research, 40% of households now receive their primary income from the moms in the family. In 1960, that number was only 11%, showing the significant progress that women have made in the job market over the last few decades.

In today’s world, 25% of American households are headed by single mothers with active jobs. That number was only 7% in 1960. 15% of households now have the women making more money than the men of the house, up from 3.5% in 1960.

While both of these groups have shown strong growth over time, there are significant differences between them. The majority of the married moms are white and educated, earning more than $50,000 a year. The majority of the single moms are black and uneducated, earning less than $20,000 a year.

The study states that “The growth of both groups of mothers is tied to women’s increasing presence in the workplace.” Women now make up close to 47% of the labor force in the United States.

The question now is whether or not this is a good thing. Nearly half of the adults who participated in the survey said that marriages suffer when women work, and three quarters of them say that it is harder for families to raise children this way.

Those concerns don’t seem to be stopping moms from doing what they have to do to support their families.

The information contained within this article was accurate as of June 11, 2013. For up-to-date
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About Lynn Oldshue

Lynn Oldshue has written personal finance stories for LowCards.com for twelve years. She majored in public relations at Mississippi State University.
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