Using Covid Era data, when we know the rise in remote/hybrid work offset how time was spent at home. The days utilization, 2.3/weeek, doubled from 2020 to 2024. The share of time spent on "house things/childcare" increased. Let's see how back-to-office policies the last 18 months affect the data?
*I wrote a few other sentences before deleting... Having grown up with a father who was there for everything exposes my privilege and isn't good data science.
How individual households ovecome Expectations Bias rooted in gender roles is a very worthy discussion...
I've noticed an uptick in the number of TikTok videos about budgeting meals and making micropayments on debt. Of course, that could just be my algorithm at work, but it could be a canary in the coal mine.
I have a coworker that has 2 children her and her husband pays $400 a week so they can go to daycare all so that they can go to work. That coupled with inflation and gas cost. I cannot imagine having 2 small children.
The data leans too heavily on Recency Bias for "men being home more"...
https://www.federalreserve.gov/econres/notes/feds-notes/what-drives-the-rise-in-remote-work-preliminary-evidence-from-utilization-rates-and-wage-trends-20250603.html
Using Covid Era data, when we know the rise in remote/hybrid work offset how time was spent at home. The days utilization, 2.3/weeek, doubled from 2020 to 2024. The share of time spent on "house things/childcare" increased. Let's see how back-to-office policies the last 18 months affect the data?
*I wrote a few other sentences before deleting... Having grown up with a father who was there for everything exposes my privilege and isn't good data science.
How individual households ovecome Expectations Bias rooted in gender roles is a very worthy discussion...
I've noticed an uptick in the number of TikTok videos about budgeting meals and making micropayments on debt. Of course, that could just be my algorithm at work, but it could be a canary in the coal mine.
Same with me on Instagram!
There is so much bad information on various platforms, it shows how we've doomed certain groups by not educating them properly on personal finance.
I have a coworker that has 2 children her and her husband pays $400 a week so they can go to daycare all so that they can go to work. That coupled with inflation and gas cost. I cannot imagine having 2 small children.
I agree. I applaud all the parents out there, this cannot be sustainable.