She was celebrated as a feminist success story, lifted aloft for shifting the gender imbalance in women’s favour, for showing that providing financially for ones’ family is no longer just a man’s job.
Though the breadwinner woman had been rising for decades, 2012 was the year she made her star turn — appearing as the subject of popular books and countless news articles, including one book, The Richer Sex by Washington Post journalist Liza Mundy, that projected women will eclipse men as the top household earner by 2030.
Which modern era President has done the most to materially improve the fortunes of women in the United States? Going back to 1947, when the U.S. Census began collecting data on income earners in the U.S., the choices are:
Women are poised to become America's biggest breadwinners. The tipping point is a generation away, assuming women's economic power keeps rising as expected. But already, the trend is stunning enough that TIME made it the subject of its current cover."Almost 40% of working wives out-earn their husbands," noted Liza Mundy, author of "The Richer Sex"--both the cover story and a new book that goes by the same title--at a breakfast in New York City, hosted by TIME and Fortune.
We're continuing our series on men, women and income in the United States today, with our first stop being a look at the number of individual men and women counted as having income in the years from 1947 through 2010:
OF THE many glass ceilings contraining women's careers, one is particularly important yet often overlooked: the wage of the husband. In a new paper, Marianne Bertrand, Emir Kamenica (both University of Chicago) and Jessica Pan (National University of Singapore) show how thick this ceiling really is.