![]() : Percentage of hourly wage that women ages 25-34 earn versus men ages 25-34, 2018. : Percentage of hourly wage that women earn versus men, 2018. : Percentage of hourly wage that women earn versus men, 1980. : Median earnings of working-age men who worked full-time, year-round, 2019. : Median earnings of working-age women who worked full-time, year-round, 2019. 6.2 hours: Average fewer hours worked by mothers with children age 6-12 than fathers, April 2020. 4.7 hours: Average fewer hours worked by mothers with children age 6-12 than fathers, February 2020. 12.1%: Percentage of working men ages 25-44 who say they're not working because of childcare demands. ![]() 32.1%: Percentage of working women ages 25-44 who say they're not working because of childcare demands. 40%: Percentage of married people with children in jobs that allow them to telecommute. 20%: Percentage of single parents in jobs that allow them to telecommute. 28%: Percentage of men in jobs that allow them to telecommute. 22%: Percentage of women in jobs that allow them to telecommute. 5.8%: Unemployment rate, women born in the U.S., December 2020. 8.4%: Unemployment rate, immigrant women, December 2020. 9.0%: Unemployment rate, Black women, November 2020. ![]() 4.8%: Unemployment rate, Black women, February 2020. 8.2%: Unemployment rate, Hispanic women, November 2020. 4.9%: Unemployment rate, Hispanic women, February 2020. 5.4%: Unemployment rate, white women, November 2020. 2.8%: Unemployment rate, white women, February 2020. 57.2%: Labor force participation rate, women over age 20, December 2020. 59.2%: Labor force participation rate, women over age 20, December 2019. 47%: Percentage of jobs occupied by women in 2020. 55%: Percentage of job losses in 2020 that were experienced by women. Pandemic Effects 2.3 million: Number of job losses experienced by women since the start of the pandemic. In aggregate, the data paint a sobering picture about women’s retirement readiness in the United States. But the pandemic has been hard on women financially, with many more women than men leaving the workforce, often to attend to childcare obligations. To be sure, there are glimmers of positive news-for example, the percentage of employers offering paid family leave has increased substantially over the past several years. Lower lifetime earnings translate into a savings gap. Not only do women earn less than men, on average, for similar jobs, but caregiving responsibilities cause gaps in earnings. But the major root cause for women falling short in retirement owes to lower lifetime earnings. Investing behaviors may be a contributor-specifically, women tend to invest less and hold more cash than their male counterparts. By extension, they’re also more likely to rely exclusively on Social Security for their in-retirement living expenses. The data are clear: Women are much more likely than men to have a savings shortfall in retirement. FX Publications Inc is a subsidiary of IG US Holdings, Inc (a company registered in Delaware under number 4456365).Editor's note: This article is part of our Women and Investing special report. Registered Address: 251 Little Falls Drive, Wilmington, DE 19808. FXP is not responsible for any trading decisions taken by persons not intended to view this material. Any examples given are provided for illustrative purposes only and no representation is being made that any person will, or is likely to, achieve profits or losses similar to those examples. It is not a solicitation or a recommendation to trade derivatives contracts or securities and should not be construed or interpreted as financial advice. This information is made available for informational purposes only. Information presented by FXP should be construed as market commentary, merely observing economical, political and market conditions. residents or individuals domiciled in the U.S. Any and all information provided by FXP is not intended for use by U.S. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading.įX Publications Inc., abbreviated herein as FXP, (d.b.a DailyFX) is no longer a registered Introducing Broker with the Commodity Futures Trading Commission and is no longer a Member of the National Futures Association in the U.S. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors.
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