David  Schaper, CRPC®, AWMA®'s Profile Picture
David Schaper, CRPC®, AWMA®
CA Insurance Lic # 0D22786
Benchmark Wealth Management
President / LPL Financial Advisor
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Impact of COVID-19 on Working Parents

The sudden shift to remote learning and stay-at-home orders imposed during the coronavirus pandemic forced many parents to juggle working at home with taking care of children and helping them with schoolwork. According to the U.S. Census Bureau, around one in five working-age adults (ages 18 to 64) with children said the reason they were not working was because COVID-19 had disrupted their child-care arrangements. Of those not working, women ages 25-44 were almost three times as likely as men to not be working due to child-care demands.

In 2020, 30.9 percent of women and 11.6 percent of men ages 25 to 44 did not work due to pandemic-related child-care issues.

Source: U.S. Census Bureau, July 2020