Summary
It has become a Mother's Day tradition on a par with candy, flowers and guilt. While advertisers wax poetically about the priceless work of motherhood, economists tally up the paycheck for the services she performs.
This year, salary.com estimates the value of a full-time mom at $138,095, up 3 percent from last year. The monetary value of a second-shift mom is $85,939, on top of her day job.See the full content of this document
Extract
Maternal Wall Stalls Moms' Careers
But, alas, the check is not in the mail. Nor will mom find it next to the maple syrup on her bed tray. Motherhood is what the economists call a monopsony, a job for which there is only one employer. And it...
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