The new study underscores the financial burden that child care costs impose on many parents.
A new study finds that 1 in 10 American adults are out of the workforce to care for their kids and more than 20% of working parents have had to leave their job to care for their children, underscoring the financial burden that child care costs impose on many parents.LendingTree analyzed data from the U.S. Census Bureau Household Pulse Survey in May to uncover why parents are leaving the workforce.
In contrast, Montana’s residents spend the second-highest percentage of their income on child care. Here, parents are more likely to stay home out of necessity due to cost or access.A recent study found that child care costs are now outpacing inflation, with the typical American family barely affording both a house and child care in most of the country’s largest cities. Affordability guidelines suggest housing should cost no more than 30% of a family’s monthly income, and the U.S.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
46% of U.S. electric car owners want to switch back to gas-powered cars: McKinsey surveyNearly half of American owners of electric cars want to switch back to traditional cars powered by internal combustion engines, according to a consumer survey released by McKinsey and Co. earlier this month.
Read more »
Survey Reveals Tire Care Knowledge Lacking Among Rideshare DriversI’ve been covering the auto industry since 1989, first as CNN Detroit Bureau Chief, then as the National Auto Writer for the Associated Press, General Motors beat writer at the Detroit News and video reporter at Automotive News.
Read more »
Majority of Japanese Institutional Investors Plan to Invest in Crypto in Next Three Years: Nomura SurveyWill Canny is CoinDesk's finance reporter.
Read more »
Nomura survey finds over half of Japan’s investment managers plan to invest in cryptoThe survey showed that 54% of the respondents in Japan were interested in investing in crypto over the next three years.
Read more »
Anchorage Assembly launches survey seeking input on the need for public restroomsThe Anchorage Assembly has launched a Public Restroom Survey to gain feedback from residents and tourists on whether additional public restrooms are needed in the city and if so, where?
Read more »
54% of institutional investors in Japan plan to invest in crypto: SurveyOver half of Japanese institutional investors plan to invest in crypto within the next three years, driven by diversification and high returns, according to a Nomura Holdings survey.
Read more »