Study: Most Women Now Primary Breadwinners
According to a new study from Prudential, the majority of American women are now the primary breadwinners in their homes. The survey of approximately 2,000 Americans between ages 25 and 68, 1,400 of them women, showed that 53 percent of women earn more than their male peers. Part of that is because 40 percent of women are single, making them breadwinners when a generation ago many might have been married.
There is one obvious takeaway from this study: the Obama-esque notion that women are somehow massively discriminated against in the workplace is simply false. Women who work the same number of hours with the same number of vacation days for the same period of time in the same job earn on par or better than men do. But under Obama, women in the workplace have been particularly hard-hit – women under age 35 have an unemployment rate of 25 percent.
Strangely, only 23 percent of women say they feel “well-prepared” to make financial decisions, as opposed to 45 percent of men. The fact that a minority of both women and men feel unqualified to make financial decisions is troubling in a time where financial responsibility is so crucial to national economic recovery.