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World Economic Forum | How women will drive the revival of the middle class

Nov 11, 2020

  • The income gains middle-class households have made over the past 45 years are almost entirely attributable to women.
  • Expanding investments in childcare will boost labour force participation among women.
  • Gender-based budgeting is one of the sharpest public policy tools to revive our economy for the benefit of all.

In today’s America, a middle-class life will cost you, on average, 30% more than it would have 20 years ago. Relative to the change in middle-class income since 1980, housing costs have increased by approximately 100 percentage points; healthcare costs have grown by nearly 200 percentage points; and the price of education has soared by more than 600 percentage points.

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