U.S. families face ‘exponential increase’ in child care costs: Care.com CEO

U.S. families face ‘exponential increase’ in child care costs: Care.com CEO

Child care is getting more expensive, putting even more financial pressure on American families at a time when they’re already paying more for groceries and gas.

According to a recent survey from Care.com, nearly two-thirds of parents say child care costs have gone up in the past year. As a result, 59% are more concerned about how much they will spend on child care this year compared to previous years.

“It’s eating up wallet share and doesn’t leave money for other goods,” Care.com CEO…


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