Equal Pay Day: Single moms are hit the hardest by the gender pay gap — and custody arrangements can matter

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U.S. working women are paid $.82 for every $1 a man makes. Mothers make $.75 for every $1 a father earns - and the pay gap is even wider for single moms. Could flexibility in parenting duties close the divide? sharon_epperson has the story. EqualPayDay

Moms earn 75 cents for every dollar paid to fathers and single mothers bring in 54 cents for every dollar earned by married men, according to theA recent survey shows custody arrangements have a bearing on what single mothers earn. Those with a 50/50 parenting schedule are 54% more likely to earn at least $100,000 a year than those whose kids are with them most of the time, according to the. It polled 2,270 single mothers in the U.S. during the summer of 2020.

In order to meet her kids' scheduling needs, Shirley started her own mortgage company. However, she can't devote herself to it full time and is making about 40% of her former salary.To overcome the pay gap, it is not just about equal pay, it is also about finding an equitable, financial situation for single moms whenever possible, said certified financial planner Marguerita Cheng, CEO and co-founder of Blue Ocean Global Wealth, based in Gaithersburg, Maryland.

"Many single moms may be part time, or they may be solopreneurs, or freelancers," said Cheng, a member of the CNBC Financial Advisor Council.

 

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sharon_epperson This isn't that bad 🤦‍♂️

sharon_epperson Not all the facts. Check the Harvard study that showed that when you actually control for factors KNOWN to affect compensation there is virtually no gap. And the gap that exists actually favors women. But that's just science and data. Let's stick with emotion instead.

sharon_epperson Does it include parasite pay to women (alimony, child support, welfare etc.)?

sharon_epperson As a single mom medical personnel. My assistant wages horrible. Yes I am RN. I lived on handouts. Arkansas did this awful thing to me. Now my retirement will be? 🙄🤔😢😢😢😢

sharon_epperson Just hire mothers...25% cost savings! too bad your company is dissolved when they're all out on leave for 3 months

sharon_epperson Fire all the men then and just hire women! 18% to the bottom line!

sharon_epperson So basically what you are saying is stay at home mothers should be put on salary and female kindergarten teachers should make the same as male software engineers, welders and oil services.

sharon_epperson Shut up. In reality it's an aggregate comparison of job types selected by men vs women. It's not women are paid less, there's just more women in feminine dance theory majors than their are engineers.

sharon_epperson Straight Commission Sales, FTW

sharon_epperson Raising the Min Wage to $15/hr Today would completely remove this Issue also.

sharon_epperson Yea this isn’t at all true when you line up careers.

sharon_epperson Same the world over ! The only high paid workers are strippers and accounts!

sharon_epperson PROOF OF STOCK MARKET MANIPULATION EXPOSED | DARK POOLS

sharon_epperson Calling BS!

sharon_epperson Why do we not study Asian men and women vs blaming everything to inequality?

sharon_epperson Flexibility in parenting duties? How do you even measure that? Women should be be paid the same as men-end of story. Everything that is mentioned is nothing more than a compromise. Women deserve equal pay.

sharon_epperson This raw statistic is meaningless and I wish people would stop reciting it like a mantra. The analysis is pay for equal work, not raw pay. Women spend more than men, where does the money come from? Hard working men.

sharon_epperson Wage gap=skills gap

sharon_epperson How is CNBC a news source when they can’t do statistics correctly, is beyond me. I can’t wait for China to take over the US, just like Islam is taking over the UK. Americans are simpletons

sharon_epperson Is Miss USA Won Miss Grand International now ?

sharon_epperson this dumb shit has been debunked over and over and over. reported for spreading misinformation

sharon_epperson There is no Justice until the largest criminal organization in the country is shut down! abolish the Florida Bar Association the biggest CRIMINAL organization in the country. Thanks ASHLEY MOODY, RICK SCOTT, Gov. Desantis for making it so!

sharon_epperson Pay gap vs wage gap. NBC with the proven lies but twittersupport will allow as it fits a narrative despite the absence of actual facts to affirm.

sharon_epperson That’s recommended staying at home better choice

sharon_epperson I am looking for new, good friends

sharon_epperson Fake News, they have no proof no examples and spit out numbers with no context on how they gathered them

sharon_epperson What kinda jobs/profession are doing this? Isn't this discrimination ?

sharon_epperson No. It'll be null just like gun laws. For yrs, I made less than my ex but supported our daughters alone for 9 months of the year. He had them for summers&holidays - I got them up, made them go to school, do homework & learn to live as cognizant adults when life wasn't fun. 1/2

sharon_epperson I’d be curious to see statistical analysis on this report. Any industry I’ve worked in has offered the same pay regardless of gender. I tend to believe this pay gap refers more to c-suite jobs, in that case, cnbc should report on itself.

sharon_epperson Bullshit. Women are not paid less than men

sharon_epperson This is a long de-bunked falsity promulgated by people who don't understand averages, statistics or labor markets. CNBC should be more responsible.

sharon_epperson Men are 9 times more likely to commit suicide, 4 times more likely to die while working and work longer hours. Maybe that’s why.

sharon_epperson Lie.

sharon_epperson A man and a woman with the same education and the same job make the exact same.

sharon_epperson I did more work in the military then my female counterparts and was paid the same why?

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