How Low-Wage Work Taps Women and Girls in Poverty

Nearly one in three Americans have a lived experience that mirrors what we're going to discuss today. How do people, commonly women, end up trapped in a low-wage cycle with little opportunity for educational advancement? We'll be right back after a message from the sponsors of today's episode.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

I’m so proud of the work the team did to develop and produce this episode. Typical personal finance advice works particularly well for people in a certain position (with good salaries, education, or inheritances), but it’s mostly useless if you’re not earning enough to make ends meet. To make matters more complex, the way some government assistance programs currently work can paradoxically make it harder to get ahead in the long term.

Learn more about our sponsor, Vin Social: https://www.vinsocial.vip

Learn more about our sponsor, Fidelity: https://fidelity.com/stocksbytheslice

Learn more about The CFA Institute: https://www.cfainstitute.org/en/programs/cfa

Transcripts can be found at podcast.moneywithkatie.com.

—

Mentioned in the Episode

Oxfam America Study on the Low-Wage Workforce: https://www.brookings.edu/research/meet-the-low-wage-workforce/
Women’s workforce participation: https://www.brookings.edu/wp-content/uploads/2022/03/SP22_BPEA_Goldin_conf-draft.pdf
97% of US Child Care workers are women: https://finance.yahoo.com/news/child-care-challenges-women-workforce-131402101.html
Center for American Progress on Childcare Deserts: https://childcaredeserts.org/2018/
Video Clip from Netflix series Maid: https://youtu.be/vM30cS-NZZU
Julie’s Family Learning Program: https://www.juliesfamily.org/our-founding-history/
Multnomah County Preschool for All Program: https://www.multco.us/finance/multnomah-county-preschool-all-personal-income-tax#
The Oregonian on the importance of attending pre kindergarten: https://www.oregonlive.com/education/2022/12/free-preschool-delayed-for-thousands-of-oregon-children-due-in-part-to-staffing-shortages.html
Full Department of Treasury Report on Childcare: https://home.treasury.gov/system/files/136/The-Economics-of-Childcare-Supply-09-14-final.pdf