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The Rise of Childless Cat Ladies and Single Moms in Today's Economy

The Rise of Childless Cat Ladies and Single Moms in Today's Economy

The article explores the evolving demographics of women in the U.S. as marriage rates decline and the number of single mothers rises. It highlights the financial challenges faced by single mothers, who often juggle caregiving responsibilities with full-time jobs, resulting in a significant gender pay gap known as the "motherhood penalty." According to a recent analysis by the Center for American Progress, approximately 75% of single mothers are employed, earning a median annual income of $40,000, compared to $57,000 for single fathers. The pandemic exacerbated these challenges, leading to greater job losses and slower recovery for women compared to men. Although economic relief measures aided many in bouncing back, women's labor force participation has not yet returned to pre-pandemic levels, with a notable lag in job recovery. Advocates stress that simply returning to previous conditions is insufficient, urging for improved job quality and support for women in the workforce.

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