The job-market value of the role of a mother has increased to nearly $803,000, according to financial advisor Ric Edelman's Annual Mother's Day Index.I don't care what this index says, my mom is priceless!
Edelman has been compiling the lighthearted annual study for ten years. The basis of the index is that the typical mom actually does many jobs: 17 of them. Using average annual compensation data from the U.S. Department of Labor's Bureau of Labor Statistics, Edelman totals up the average salaries for those 17 key occupations to arrive at each year's Index number.
(HT Joe Carter)
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