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Your Money's Worth How Much Is a Housewife's Labor Worth
Economist Sylvia Porter highlights the unpaid work of the average housewife based on 1966 figures from Chase Manhattan Bank and the Bureau of Labor Statistics. The piece tallies hours and values across tasks such as nursemaid, housekeeper, cook, and more, totaling 99.6 hours weekly and a value of 172.96 dollars while noting no salary. Porter argues the full economic impact is larger when considering uncounted labor and nonmarket benefits, and critiques GNP inclusion.
MENTIONED IN THIS ARTICLE
Sylvia Porter
Chase Manhattan Bank
New York
Bureau of Labor Statistics
U. S
America
The
Hall Syndicate, Inc