Stay-at-home moms getting pay cuts
Just in time for Mother's Day, there's discouraging news for stay-at-home mothers.
According to insure.com and their annual Mother's Day Index, the salary a mother would receive for the work she does in the home has been cut.
The Index finds a stay-at-home mother's salary would now be $59,862.
That total includes the cleaning, cooking, child care, carpooling, and managing the household. That's a lot of work for less than $60,000.
The estimated salary has been falling for the last few years, from $61,436 in 2011 to $60,182 in 2012.
A spokeswoman for the website said the drop is because the typical wages for some domestic jobs have fallen.
That same spokeswoman says the data is not meant to be a rigorous analysis of the value of domestic work, but a fun way to look at a serious topic.