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And Fry It Up in a Pan

It’s social change alright: 26 percent of working wives out-earned their working husbands in 2006, up by nearly half from 20 years ago.

INSERT DESCRIPTIONSource: Bureau of Labor Statistics.

Now that many more women are graduating college than men, higher-earning wives are going to become the new normal.
Also, notice that the line bumps upward around both the 1991 and 2001 recessions. A working spouse provides insurance against the vicissitudes of the business cycle; think about it — a pay cut is only half as painful when your spouse is working than when you are the only earner. For men who typically work in cyclically sensitive industries, this insurance pays dividends during a recession. Indeed, you can bet that we’ll see many more women bringing home the bacon this year.
Plenty more intriguing statistics, here.


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