Ndaccountant
Old Hoss
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I posted it earlier, but nobody picked up on it. I thought it would generate a discussion, but since it didn't, I will start it again.
Single parent families are a MAJOR problem. According to Pew, single parent families have TRIPLED since 1960 and single mother families now make us 25% of all families.
From that attached article:
"Single parent households exist in a different socioeconomic pool than married households. Single mothers earn incomes that place them well below married mothers in the income ladder. According to Pew, married mothers earned a median family income of $80,000 in 2011, almost four times more than families led by a single mom. This is likely a consequence of the lower educational qualifications of single mothers, as well as the fact that they are younger and more likely to be black or Hispanic. Married mothers tend to be older and are disproportionately white and college-educated.
Our own analysis, using data from the Current Population Survey March Supplement for 2007-2012 closely parallels Pew’s findings, with some interesting nuances. In 2007, a married mother earned an average income of $57,194, nearly double that of single moms. Even after the recession hit married couples the hardest, average real incomes of single moms were just 60 percent of married moms in 2012. Differences in incomes between single and married dads also persisted over the course of the recession.
Although single dads earn more than single moms, but single parents, overall, earn less than married parents. It comes down to jobs, really. More than 80 percent of moms with spouses are employed, but only 60 percent of single mothers are in full-time jobs -- perhaps due to the difficulty of managing children alone. Similarly, single dads are less likely to be in full-time jobs (69 percent) than married dads (88 percent)."
I don't know about all of you, but until we fix the American household, this problem will not go away.
The Mysterious and Alarming Rise of Single Parenthood in America - Aparna Mathur, Hao Fu, and Peter Hansen - The Atlantic
Single parent families are a MAJOR problem. According to Pew, single parent families have TRIPLED since 1960 and single mother families now make us 25% of all families.
From that attached article:
"Single parent households exist in a different socioeconomic pool than married households. Single mothers earn incomes that place them well below married mothers in the income ladder. According to Pew, married mothers earned a median family income of $80,000 in 2011, almost four times more than families led by a single mom. This is likely a consequence of the lower educational qualifications of single mothers, as well as the fact that they are younger and more likely to be black or Hispanic. Married mothers tend to be older and are disproportionately white and college-educated.
Our own analysis, using data from the Current Population Survey March Supplement for 2007-2012 closely parallels Pew’s findings, with some interesting nuances. In 2007, a married mother earned an average income of $57,194, nearly double that of single moms. Even after the recession hit married couples the hardest, average real incomes of single moms were just 60 percent of married moms in 2012. Differences in incomes between single and married dads also persisted over the course of the recession.
Although single dads earn more than single moms, but single parents, overall, earn less than married parents. It comes down to jobs, really. More than 80 percent of moms with spouses are employed, but only 60 percent of single mothers are in full-time jobs -- perhaps due to the difficulty of managing children alone. Similarly, single dads are less likely to be in full-time jobs (69 percent) than married dads (88 percent)."
I don't know about all of you, but until we fix the American household, this problem will not go away.
The Mysterious and Alarming Rise of Single Parenthood in America - Aparna Mathur, Hao Fu, and Peter Hansen - The Atlantic