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For Women in Midlife, Career Gains Slip Away
New York Times ^ | June 23, 2014 | DIONNE SEARCEY

Posted on 06/24/2014 5:13:28 AM PDT by reaganaut1

Tracy Murphy was managing a nonprofit agency five years ago when her mother became seriously ill with heart problems. She promptly left her job to care for her, a task that has consumed Ms. Murphy ever since.

“For me, it was a no-brainer,” said Ms. Murphy, who lives in Syracuse. “When I was growing up she sacrificed for me.”

Ms. Murphy, 54, set aside her career aspirations, drained her savings account and eventually sold her gold jewelry to help make ends meet while shuttling her mother, who is 85, to doctors’ appointments and running errands.

“I always felt like I can find another job eventually — but I only have one mother,” she said.

Ms. Murphy is part of a small but economically significant group that is bucking a powerful decades-long movement of women of all ages into the labor market. In the years since the last recession began, many women like Ms. Murphy, in their late 40s and early 50s, have left the work force just as they were reaching their peak earning years.

The demands on middle-aged women to care for their parents, particularly during difficult economic times that force many families to share resources, are not the only reason for the shift. Some economists also attribute the unexpected phenomenon to extensive budget cuts by state and local governments, which employ women in large numbers and were hit harder during this recession than in previous downturns.

(Excerpt) Read more at nytimes.com ...


TOPICS: Business/Economy; Culture/Society
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To: Vendome

I appreciate the kind words, but have you perhaps confused me with “reaganaut” without the “1” at the end? I rarely correspond with individual Freepers.


21 posted on 06/24/2014 8:21:21 AM PDT by reaganaut1
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To: GBA; Diana in Wisconsin; reaganaut1; reaganaut

By jove, you’re right.


22 posted on 06/24/2014 9:22:52 AM PDT by Vendome (Don't take life so seriously-you won't live through it anyway-Enjoy Yourself ala Louis Prima)
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