Here’s an old tradition that’s new again. Stay-at-home moms. They’re making a comeback! More and more new mothers are quitting their jobs to devote full-time attention to their children. Here’s the story from the news magazine The Week:
- First of all, most women do still work. 72% of mothers are employed at least part time. But in the past 7 years, the number of workplace women has been creeping downward, with the sharpest drop among young mothers. Why the change? Well, today’s moms just don’t want to be superwomen anymore.
- It’s a change from the ‘70s, the height of the women’s movement. Back then, women swarmed the workforce, convinced they could do it all. And for decades, they squeezed every spare second out of their lives, working more and sleeping less to make time for both career and family. But today’s moms just aren’t willing to make that kind of sacrifice anymore.
- You might think – well don’t these moms have to work to keep their families afloat financially? Yes, some do. But many families find that the loss of a second paycheck doesn’t sting as much as they thought it would. Once they deduct taxes and the cost of child care, it doesn’t justify juggling schedules, the stress, or the time spent away from the kids.
- But the trend toward stay-at-home moms is hurting businesses. Since 56% of the students in colleges and grad schools are women, when they quit their jobs, companies lose some of their best workers. And it costs an average of $80-grand in lost time, recruiting and training costs every time a talented working mom stops working.Still, it’s a trend that seems to have staying power. According to an article in The New York Times, 60% of the female college students at Yale said that they intended to cut back on work, or simply quit when they had their first baby.