Father economcic implication
More women go out to work so many children are cared for outside the home, or fathers stay at home and become the main carer. Research shows that the number of dads who choose to stay at home and care for their children and families has quadrupled over the past 25 years (Cohn et al. 2014)
The increase in the number of stay at home dads signals that attitudes are changing to home roles, with greater acceptance for men to be the housekeeper and to look after the children. This means that when a child is born and one of the parents needs to stay at home to care for them, parents are able to select the person with the highest salary to return to work (regardless of whether it was the mother or father). In the long term this is likely to mean more families having more money to spend and thus strengthening the economy.