Recently Women’s Unpaid Caregiving Labor Has Valued at $627B

Becker’s Hospital Review reports that a common scapegoat for the gender wage gap now has numeric value: U.S. women would collectively make an additional $627 billion per year if paid for their caregiving work. That figure comes from the 2022 American Time Use Survey, conducted by the National Partnership for Women & Families. If a woman earned the mean wage of $14.55 per hour for childcare workers or home aides, the average American woman would bring home an additional $4,600 annually. Unpaid caregiving labor costs financial opportunity for everyone, regardless of gender, according to the report. Men’s unpaid caregiving work is worth more than $300 billion per year, costing each individual $2,300 annually.

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