(photo credit: mi55er)
How much is an hour of bathroom cleaning worth? What about 24 hours of child care? How much would you be paid to do these things in another person’s home?
How about in your own home?
According to a new international study, the “unpaid economy” - jobs like food shopping, washing up, and getting the kids to bed – would represent about a third of a nation’s total economy if it were paid.
The Organisation for Economic Cooperation and Development looked for signs of gender equality in this unpaid work, which was traditionally done only by women.
They found that even though men have come a long way toward helping out with these tasks, they’re still not likely to spend as much time on them as women do… even if they’re unemployed.
Bring THAT to your next macroeconomics class.