CareerBuilder's annual Mother's Day Survey, conducted from February 21 to March 10, 2011, among men and women, employed full-time, with children 18 and under living in the household found that although the economic situation is improving for U.S. families, working moms report they are struggling to financially support their families.
More than one-third (35 percent) of working moms and 44 percent of working dads surveyed by CareerBuilder said they are the sole financial provider for their household. Comparing these two groups, working moms were three times as likely to earn less than $35,000, while working dads were more than twice as likely to earn $50,000 or more and nearly three times as likely to earn six figures.
Forty-five percent of working moms who are the sole financial provider for their household earn less than $35,000, compared to 15 percent of working dads who are the sole breadwinner. Twenty-eight percent of these moms earn $50,000 or more compared to 63 percent of men. Seven percent of these moms earn six figures compared to 18 percent of men.
"While all indications point to economic recovery, working moms are still waiting to feel the effects," said Hope Gurion, chief development officer at CareerBuilder, and mother of two. "However, these moms possess a great deal of resourcefulness and resilience and continue to provide for their families. While moms say they would give up things, including pay, to spend more time with their children, they are making the most of the time they do have and getting creative in work arrangements."