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This episode is dedicated to exploring the motherhood pay gap and potential solutions.
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You might have heard about the gender pay gap — or the difference in earnings between men and women — but what about the “motherhood penalty”? According to a recent report from the Pew Research Center, the gender pay gap grows more pronounced during a time when adults are likely starting and building their families: between ages 35 and 44.
But what does that look like in real numbers? Calculations from the National Women’s Law Center show that women who work full time year-round make 84 cents for every dollar men make. Mothers make only 74 cents for every dollar fathers make, amounting to $17,000 less per year.
In this episode, we explore the financial hit women take when they become mothers. We speak to experts who help us understand…
This article was written by Sean Pyles and originally published on www.nerdwallet.com