Despite progress toward “having it all,” research shows that American women are less satisfied and burn out more quickly. And today’s economic realities mean fewer options when it comes to choosing between work and home.
High Aspiration, High Burnout
A growing number of young women who “want it all” are burning out at work before 30. Men are twice as likely as women to advance at each career stage. According to experts, young women don’t relax enough and are too focused on developing a well-rounded resume. Substantial student debt means they can’t quit. Compared to women, men are: 25% more likely to take breaks at work, 7% more likely to take a walk, and 5% more likely to go out at lunch.
Despite higher levels of education and pay, American women are less satisfied overall
In 1970, 11% of women age 25-64 held college degrees. Today that number is 36%. Women also earn the majority of professional and doctoral degrees, up from just 10% in 1961. In 1972, women’s wages were 57.9% of men’s. In 2011, that had risen to 77%. In the 1970s, American women were happier than men, but over the past three decades, they’ve become less happy and are now less happy than men.
Motherhood and Career
Just 71% of mothers with children under 18 were in the labor force in 2011, compared to 94% of fathers. More than 10% of stay-at-home moms regret giving up their career. 15% agree that they resent their partner for being the one to continue working after baby was born. More than a third of working moms (36%) agree that sometimes they resent their partner for not making enough money for them to stay home with the baby/kids… and half of working moms agree that their overall happiness would increase if they didn’t work. However, it just isn’t economically feasible. 53% of women are breadwinners in their households. A mere 7% of households consist of married couples where only the husband is in the labor force.
Source: Great Business Schools