Some daycare centers are charging up to 300 Dollars a week, a rise from 280 Dollars before the Pandemic.
The situation is made worse by the impending “Childcare Cliff,” where Federal funding for daycare services may be discontinued, further escalating the cost of services. This could result in daycare centers reducing staff numbers and the number of children they can accommodate.
This rising cost of childcare services is significantly impacting workforce participation, especially among women. In some extreme cases, career changes have been necessary when daycare centers close, with professionals like nurses resorting to driving for Uber to accommodate their childcare needs.
