The school holidays are particularly challenging for working parents
Presidents Day is designed to honor the greatest leaders in our country. This year, it’s also another day outside of school where parents have already reached their limits, balancing work and family responsibilities amid the coronavirus pandemic.
Almost a year since the Covid-19 outbreak began, mothers and fathers who are currently working remotely are having increasing problems.
According to a recent report from the Pew Research Center, about half of working parents with children under the age of 12 said it was difficult to take responsibility for childcare, up from 38% in March last year.
“If anything, parents with young children say it’s harder now than the crazy first few weeks,” said Ruth Igielnik, a senior researcher at Pew.
More from Personal Finance:
New proposals for child tax credits could give families more money
Almost half of the workers suffer from mental health problems
When can you get vaccinated at work?
For freelance photographer and writer Mackenzie Ryan, 33, vacations are her busiest time.
Yet the mother of three in Seattle, ages 3, 6, and 12, also has to do all family responsibilities at home while her husband is at work.
“A holiday like Presidents’ Day becomes unbearable without childcare.”
Without childcare, a holiday like President’s Day becomes unbearable.
Working mother of three
Studies show that the compatibility of work and family is even more difficult for parents with very young children. According to Pew, parents who telework with at least one preschooler or younger are more likely than children with school-age children to report that they have at least some childcare responsibilities to perform while they work.
In a separate report from Country Financial, it was found that around one in five parents said they had to change or shorten their working hours due to shifts in school or childcare as a result of the coronavirus crisis. Another 7% had to leave a job altogether.
While the burden is on both parents, mothers are more likely to do the lion’s share of the chores at home, Pew also noted. As a result, 54% of working mothers said they felt they couldn’t give 100% at work, compared to 43% of working fathers.
Mothers are also more likely than fathers to say they need to cut their working hours or say goodbye. And they were more likely to say that they were treated as if they were not committed to their careers, were passed over for promotion, or had to turn down because of the current circumstances.
In order to meet the persistent challenges, the legislature is debating changes to the tax credit for children in the next comprehensive aid package.
The Democrats’ proposal calls for monthly payments to help parents look after children.
The full balance – $ 3,600 per child under 6 and $ 3,000 per child for older minors – would be available to individuals with gross adjusted income of up to $ 75,000, head of households up to $ 112,500, and joint applicants up to $ 150,000 information on tax return for 2019 or 2020. It would expire at $ 200,000 for individuals and $ 400,000 for joint applicants.
Subscribe to CNBC on YouTube.