Basically, it was about how much having a child affects a woman's finances.
Here are their findings:
- Low-skilled women don’t get very big raises, and having kids does little to change that.The so-called wage trajectories (think of a line graph showing a worker’s wages growing over time) of low-skilled women are much flatter than those of high-skilled women. Having children didn’t change those trajectories very much.
- For high-skilled women, kids spell the end of raises. High-skilled women have steep wage trajectories. Those trajectories flatten out almost precisely at the moment they have children.
- Low-skilled women don’t seem to make their lost wages back. Ten years after having children, low-skilled women have wages that are six percent lower than their counterparts.
- High-skilled women don’t make that money back, either. Ten years after having children, high-skilled women have wages that are 24 percent lower than their counterparts.
- Becoming a parent seems to have no effect on men’s wages.
DUH.
Really? We needed to do a study on something that has been common knowledge for 30 years, at least?
But that wasn't the part that made me really mad... it was the comments.
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