Family & Friends

Women and Work

Posted by Jean

When I was pregnant with my first, an older relative asked me when I was planning to stop working.  Not if I was planning to stop working.  But when.  And when I told him I had no intention of stopping — in what may have been a snippy tone as I was put off by the question — he was surprised.   We were coming from totally different places.  Me, from one of working in a job I was really enjoying (I was at Smart Money at the time).  Him from watching every other young woman he knew — even some with law degrees and MBAs — quit work as they entered motherhood.  Times have changed.  The new National Study of the Changing Workforce from the Work and Families Institute — an important piece of research conducted every five years — shows that Times Are Changing.  Among the findings:

* For the first time, young women are just as likely as young men (both under age 29) to want jobs with greater responsibility.

* For the first time, young women with children are just as likely to want jobs with a lot of responsibility than young women without.

* Women in two-career couples are earning a greater share of the family income than ever before — it’s now 44 percent.

* And fathers are more engaged.  They now spend 3 hours a day with children under age 13, on average, up from 2 hours a year ago.

I was heartened to see these results — and more.  Maybe I should have been a millenial rather than a boomer/Xer (I was born in 64 so I’m right on the dividing line.) How about you?  Have you seen evidence of this data in your own lives?

COMMENTS | 3 comments so far

  1. 1

    I actually quit work when my first was born and I’m a gen Xer. I don’t regret it one bit. For me, it was a matter of being there for my children’s most formative years. We make it work on one income and I can focus on the kids and managing our resources wisely. I spend a lot of time reading about and doing finances and it may lead to a new career someday!

  2. 2

    I am a recently married millenial. And I want to have children and get more responibility in my job. My husband and I are both supportive of each other’s careers and fully intend to stay working when we have children. I don’t think it will be easy, but I don’t believe we’d be neglecting our children by sending them to daycare. My father raised my brother & I alone, when my mother died of cancer, I was 11, my brother 6. He worked all day, and was a loving and supportive father. If he could do it, there is no reason I can’t.
    However, my friends and I are probably not all on the same boat. I know many very bright and well educated young woman, who will do exactly the opposite. I would say it’s 50-50. I wonder if today’s economic crisis will make woman think twice before deciding to stay home. (I could go on and on about this, so I digress)

  3. 3

    I quit work 10 months after my first child was born. I didn’t want to, but I saw the writing on the wall. I was in a career with little to no flexibility in work hours or absences from home and it was only going to get worse as I got promoted.

    Looking back, I wish I had chosen a more family-friendly career field in which I could’ve scaled back my hours or taken a leave or absence. I will advise my daughters to consider this when chosing a their future career.


Do you have something to say?

Please post your thoughts here. Please be sure to follow the site terms of use: that is, please be honest and direct, but treat everyone with respect.

YOUR COMMENT

Newsletter

Jean tells you what the week's headlines mean for YOUR wallet.

Interested in Jean's previous newsletters?

Ask Jean a Question

New! Score Builder

Better credit in 120 days, powered by Smart Credit

New! The Debt DietTM

Become debt free on $10 a day with this online program that works with your readiness to change.

Not YOUR Parents' Money Book

I believe knowing how to manage our money is one of the most important life skills for adults - and even more important to pass on to our kids.

Money 911

A reference guide for money issues that has been carefully indexed so you can flip to the section you need and absorb the information.

Pay It Down

In this updated edition, I give you up-to-date strategies to help you get out of debt within three years.