WASHINGTON (AP) — Alleged misbehavior by the Internal Revenue Service and other federal …
File photo.
File photo.
WASHINGTON (AP) — Alleged misbehavior by the Internal Revenue Service and other federal …
WASHINGTON (AP) — Investors have grown nervous that the Federal Reserve will scale back …
AUGUSTA, Maine (AP) — Maine's governor, who has gained attention in the past for telling …
WASHINGTON (AP) — The economy is recovering, the White House is dealing with multiple …
RICHMOND, Va. (AP) — Discount retailer Dollar Tree Inc. said Thursday that its net income…
Updated: Thursday, 19 Apr 2012, 6:24 AM MDT
Published : Thursday, 19 Apr 2012, 6:24 AM MDT
(CNN) - It's getting harder and harder for working mothers to justify going to work.
Many moms are finding it doesn't pay to work outside the home once they figure in child care, the cost of commuting and other work-related expenses.
For most working parents, child care is by far the greatest expense. In 2010, the cost of putting two children in child care exceeded median annual rent payments in every state, according to Child Care Aware of America.
Rising gas prices are pinching paychecks even further, shaving nearly nine percent off of the average worker's annual income.
Women have been hard hit during this recession. About 177,000 women left the work force in March either voluntarily or because of layoffs and dismissals, according to the Bureau of Labor Statistics.
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