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Pricey Child Care Is Keeping Many Parents Out of the Workforce
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Many lower-income Americans who left the workforce when the pandemic began three years ago are staying on the sidelines because of a lack of child care, a factor contributing to worker shortages and historically low unemployment.
An estimated 380,000 Americans in their prime working years, aged 25 to 54, held jobs before the pandemic but no longer did late last year, according to estimates from Bank of America . Bank economists said the lack of affordable and quality child care is a significant factor.
Read more on wsj.comAbout this in other media
Pricey Child Care Is Keeping Many Parents Out of the Workforce wsj.com /1 year ago
Pricey Child Care Is Keeping Many Parents Out of the Workforce wsj.com /1 year ago
Pricey Child Care Is Keeping Many Parents Out of the Workforce wsj.com /1 year ago
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