--- title: The Pandemic Recession Disproportionately Affected Moms description: The Pandemic Recession Disproportionately Affected Moms image: https://partnerpublication.mochildcareaware.org/hubfs/Masks.png --- [![Child Care Aware of Missouri Logo](https://partnerpublication.mochildcareaware.org/hs-fs/hubfs/Child%20Care%20Aware%20Logo%20(1).png?width=666&height=414&name=Child%20Care%20Aware%20Logo%20(1).png "Child Care Aware of Missouri Logo")](https://partnerpublication.mochildcareaware.org/partner-publication) Open main menu Close main menu [Community Data](https://partnerpublication.mochildcareaware.org/partner-publication/tag/community-data) # The Pandemic Recession Disproportionately Affected Moms [Child Care Aware® of Missouri](https://partnerpublication.mochildcareaware.org/partner-publication/author/child-care-aware-of-missouri) [Share this blog post via Email](mailto:?subject=%3Cspan+id%3D%22hs_cos_wrapper_name%22+class%3D%22hs_cos_wrapper+hs_cos_wrapper_meta_field+hs_cos_wrapper_type_text%22+style%3D%22%22+data-hs-cos-general-type%3D%22meta_field%22+data-hs-cos-type%3D%22text%22+%3EThe+Pandemic+Recession+Disproportionately+Affected+Moms%3C%2Fspan%3E&body=I+found+this+interesting+blog+post%3A+https://partnerpublication.mochildcareaware.org/partner-publication/cd-the-pandemic-recession-disproportionately-affected-moms) [Share this blog post on Facebook](http://www.facebook.com/share.php?u=https://partnerpublication.mochildcareaware.org/partner-publication/cd-the-pandemic-recession-disproportionately-affected-moms) [Share this blog post on LinkedIn](http://www.linkedin.com/shareArticle?mini=true&url=https://partnerpublication.mochildcareaware.org/partner-publication/cd-the-pandemic-recession-disproportionately-affected-moms) ![](https://partnerpublication.mochildcareaware.org/hubfs/Masks.png) Excerpt from the Open Vault Blog of the Federal Reserve Bank of St. Louis The Pandemic Recession Disproportionately Affected Moms By Ana Hernández Kent The COVID-19 recession reinforced many of the barriers mothers face and was truly a “mom-cession” in that mothers disproportionately faced setbacks. A larger share of mothers than fathers found themselves out of their jobs, and many mothers were pushed out of the labor force entirely. This matters, because more and more American families rely on mothers’ wages, despite moms being paid less than dads. This gap means that moms must make fewer dollars stretch further, a problem made even more acute by rising prices of groceries, gas and other essentials. Compounding these struggles, mothers—particularly single mothers—often have extremely low levels of wealth. Research shows that single moms suffer a “motherhood wealth penalty,” having just $7,000 in median wealth compared with more than nine times that amount for single women without children. (Single fathers, by the way, do not experience a commensurate “fatherhood penalty”—in wages or in wealth.) That extra $58,000 means greater financial security, like ensuring that trip to the ER for a broken arm doesn’t plunge the family into debt. Taken together, this means that after the COVID-19 recession hit, not only were moms more likely to be out of a job, they also had fewer resources with which to withstand the income loss. Single Mothers Have Little Wealth ![Picture1-3](https://partnerpublication.mochildcareaware.org/hs-fs/hubfs/Picture1-3.png?width=632&name=Picture1-3.png) SOURCES: Federal Reserve Board’s Survey of Consumer Finances and author’s calculations.     NOTES: Wealth is rounded to the nearest $1,000; 95% confidence intervals are shown by the error bars. The differences in median wealth between the three groups with overlapping error bars does not reach the level of statistical significance. Single mothers had median wealth significantly lower than the other three groups. Find the right answers to your business challenges with our in-house Data & Analysis Services. Our comprehensive data analytic services include child care, demographic, economic, and social data to help your business grow. We offer customized data reports, analysis, and geographic mapping to interpret and visualize data. Contact us today! [![View Data Request Form](https://no-cache.hubspot.com/cta/default/20470294/1349d140-0eaa-49aa-a304-75b23d63163a.png)](https://cta-redirect.hubspot.com/cta/redirect/20470294/1349d140-0eaa-49aa-a304-75b23d63163a)   ***Source:*** *Why Supporting Working Moms Can Benefit Families, the Economy, and All of Us*. (n.d.). Www.stlouisfed.org. Retrieved July 20, 2022, from [https://www.stlouisfed.org/open-vault/2022/jul/benefits-of-supporting-working-moms](https://www.stlouisfed.org/open-vault/2022/jul/benefits-of-supporting-working-moms)   Explore our other Child Care Aware® of Missouri resources: [FREE Clock Hour Training](https://partnerpublication.mochildcareaware.org/partner-publication/tag/free-clock-hour-training) [Scholarships for Educators](https://partnerpublication.mochildcareaware.org/partner-publication/tag/scholarships-for-educators) [Child Care Health and Wellness](https://partnerpublication.mochildcareaware.org/partner-publication/tag/child-care-nutrition-and-physical-activity) [Family Child Care Network](https://partnerpublication.mochildcareaware.org/partner-publication/tag/family-child-care-network) [Leadership Development Opportunities](https://partnerpublication.mochildcareaware.org/partner-publication/tag/leadership-development-opportunities) [Missouri Office of Childhood Updates](https://partnerpublication.mochildcareaware.org/partner-publication/tag/missouri-office-of-childhood-updates) [Show Me Child Care Resources](https://partnerpublication.mochildcareaware.org/partner-publication/tag/show-me-child-care-resources) [Support Child Care Aware® of Missouri](https://partnerpublication.mochildcareaware.org/partner-publication/tag/support-child-care-aware) [Community Data](https://partnerpublication.mochildcareaware.org/partner-publication/tag/community-data) [Join Our Team](https://partnerpublication.mochildcareaware.org/partner-publication/tag/join-our-team) [Resources to Build Your Business ](https://partnerpublication.mochildcareaware.org/partner-publication/tag/resources-to-build-your-business)     #### About - Menu Item One - Menu Item Two - Menu Item Three #### Services - Menu Item One - Menu Item Two - Menu Item Three #### News - Menu Item One - Menu Item Two - Menu Item Three Follow us on Facebook Follow us on LinkedIn Follow us on Twitter Follow us on Instagram