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Home > Jobing Community Blogs > Blog Post: MYTH OF THE MONTH - O...
Blog Post: MYTH OF THE MONTH - OLDER WOMEN HAVE LESS FINANCIAL NEED TO WORK THAN MEN
posted Thursday, May 21, 2009 11:59 AM
"You know what the trouble about real life is? There's no danger music." Strike up the scary movie music: Women earn less, save less, invest less and live longer than men. Over 60% of adults living in extreme poverty are women. Over 18 million children live in single-parent homes, the majority of which are headed by women. According to the Bureau of Labor Statistics, women on average earn 82% of what men earn. Other research claims that women earn about 69 cents for every dollar earned by men. In part-time and temporary positions, reports indicate that older women earn 55 cents for every dollar that men earn. There is simply not enough money earned, saved or invested to take women through their longer lifetimes. Women’s financial crisis is worsening. Plan now to work longer and smarter or pay later in the future that is racing to meet us all. TIPS FOR JOB SEEKERS
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