Mothers lose an average £65,618 in pay by the time their first child turns five
NegativeFinancial Markets

A recent study by the Office for National Statistics reveals that mothers in England face a significant financial setback, losing an average of £65,618 in earnings by the time their first child turns five. This 'motherhood penalty' highlights the challenges women encounter in maintaining their income after childbirth, with average monthly earnings dropping by 42% compared to the year before giving birth. This issue is crucial as it not only affects individual families but also raises concerns about long-term financial security for women.
— Curated by the World Pulse Now AI Editorial System