Parents Faced Drastically Higher Childcare Costs in Pandemic, Survey Finds

A new survey shows that the cost of childcare went up during the pandemic (8 percent for a nanny, 87 percent for a daycare center, and 69 percent for a family care center), forcing parents to reduce hours, change jobs or leave the workforce entirely, according to Carrie Cronkey, Care.com’s chief marketing officer. Child care is affordable when it costs no more than 7 percent of a household’s income, according to the U.S. Department of Health and Human Services, but the majority of parents have reported spending 10 percent or more of their income on care. A decrease in access to childcare has also created a problem during the pandemic, with almost 50 percent of families reporting that it is harder for them to find childcare now.

 

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Post By Ken Shafton (2,325 Posts)