Before Jessica and Lance Somerfeld had their baby, they decided it would make the most financial sense for one of them to stay home to raise him. Since Lance made a fraction of Jessica’s earnings, he was the obvious choice.
With wages at a standstill and child care costs skyrocketing, Somerfeld is just one of a growing number of dads who are staying home with the kids.
Among fathers with a wife in the workforce, 32% took care of their kids at least one day a week in 2010, according to the U.S. Census Bureau, which looked at families with children under 15 years old. That’s up from 26% in 2002.
Of those with kids under the age of 5, 20% of dads in 2010 were the primary caretaker.
Read the full article from CNN Money here.
