Wives as the new breadwinners
Tuesday, September 14, 2010 - 05:14
in Mathematics & Economics
During the recent recession in the United States, many industries suffered significant layoffs, leaving individuals and families to revise their spending and rethink income opportunities. Many wives are increasingly becoming primary breadwinners or entering the labour market. A new article in Family Relations tests 'the added worker' theory, which suggests wives who are not working may seek work as a substitute for husband's labour if he becomes unemployed, and finds that during a time of economic downturn wives are more likely to enter the labour force when their husbands stop working...