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This report explains the following nine important facts about American families and work which together illustrate the changes that are needed to ensure long-term economic growth, maintain economic competitiveness, improve the well-being of Americans, and make full use of all of America's talents: mothers are increasingly the household breadwinners; fathers are increasingly family caregivers; women make up nearly half of the labor force; women are increasingly among the most skilled workers, attaining the majority of college degrees, and deepening their work experiences; most children live in…
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In 2008, both mothers and fathers exited the workforce for various reasons, including caring for a minor child. Estimates from Current Population Survey (CPS) data spanning 1968-2009 indicate the percentage of homes with a stay-at-home father in which the wife earned 100% of the income increased from 1.2% to 3.4% (the percentage of homes with a stay-at-home mother decreased from 47.7% to 25.7%) (Kramer and McColloch, 2010). The increased trend of fathers leaving the workforce to take care of a child is associated with financial reasons (Doucet, 2004), parenting values, career advancement of…