New York is One of The Best States For Working Moms
This might not be agreeable to the actual working moms out there but according to this study it could be worse. Mother's Day is right around the corner and after you read this study you'll see exactly how much the holiday is needed. WalletHub has done the work and put together 2017’s Best & Worst States for Working Moms.
According to WalletHub, women make up nearly half of the work force and of that number 70% of them are working moms. WalletHub also states even though women make up half the workforce they're still making less than their male counterpart. In fact, "women earned only 83 percent of what men made in 2015 and have far less upward mobility, as evidenced by the fact that only 5.8 percent of S&P 500 companies’ chief executives are female."
Aside from the companies, what are states doing to help ease this burden? WalletHub wanted to compare state dynamics across three key dimensions: 1) Child Care, 2) Professional Opportunities and 3) Work-Life Balance to determine their rank amongst other states.
So how did New York do on the list? Surprisingly well. New York state finished 9 out of 50 states. Here's the breakdown.
Life as a Working Mom in New York (1=Best; 25=Avg.)
- 1st – Day-Care Quality
- 20th – Pediatricians per Capita
- 5th – Gender Pay Gap (Women’s Earnings as % of Men’s)
- 12th – Ratio of Female Executives to Male Executives
- 29th – Female Unemployment Rate
- 3rd – Parental-Leave Policy Score
- 26th – Avg. Length of Woman’s Workday (in Hours)
- 21st – % of Single-Mom Families in Poverty
This is actually pretty impressive, of these key factors New York is only below average on a couple. While New York is top 10, it's not number one, Vermont took that spot with excellent1 scores in Child Care, Professional Opportunities and Work Life Balance. Here's how the Top 15 list rounded out. To see the full list and the full WalletHub study click HERE.
The study dives deeper into Red vs Blue states and give you a breakdown of the 13 key factors that went into each of the three categories listed above. You can read the full study including the methodology and expert reasoning HERE.