A unique factor facing American mothers is the U.S.'s lack of paid maternity leave. Almost every developed country guarantees mothers paid time off when they have a child. On average, the 35 countries in the Organization for Economic Cooperation & Development (OECD) offer 18 weeks of paid leave. The U.S. guarantees none.
Almost everywhere, women are waiting longer to have children. In 2015, the average age at which American mothers had their first child was 26.4—up from 22.7 a generation before, in 1980. That age has risen even faster for women elsewhere. The oldest new moms, according to a study earlier this year, are in South Korea, where the average women is 31.1 when she has her first child.
Not all women have children, of course. But the vast majority do: Only 14.4 percent of American women age 40 to 44 have never given birth, a number that's fallen from a peak of 20.4 percent in 2006. At the same time, however, women are waiting longer and longer to have their first child. In the U.S., 31 percent of women age 30 to 34 had never given birth to a child, according to 2016 Census data. That's up from 26 percent in 2006.
By still having kids but having them later, women find their careers are changing in significant ways.
"A new life cycle of women's labor force participation has emerged," Harvard University professor Claudia Goldin and U.S. Census researcher Joshua Mitchell found in a recent study. Women in the U.S. participate in the workforce at high rates in their 20s—but fewer of them are working in their 30s and early 40s, a time Goldin and Mitchell call "the sagging middle."
That time out of the workforce interrupts peak earning years for women, particularly mothers; for the rest of their careers, perhaps once their kids are older, they must make up for lost time and money. The number of women working well into their 60s and 70s has surged in the U.S., as more of them postpone retirement.
This article was provided by Bloomberg News.