Anna Zhou News Today

Battling inflation, some Americans report not being able to support themselves even with two streams of income.

Childcare expenses are putting increasing strain on American households, forcing families to raid their savings and slow their spending.

A dramatic increase in child care costs since the pandemic is forcing parents to find new ways of making ends meet, from working part time at a daycare for a discount to driving for a ride-share service on weekends.

A dramatic increase in child care costs since the pandemic is forcing parents to find new ways of making ends meet, from working part time at a daycare for a discount to driving for a ride-share service on weekends.

A dramatic increase in child care costs since the pandemic is forcing parents to find new ways of making ends meet, from working part time at a daycare for a discount to driving for a ride-share service on weekends.

The average cost in the U.S. for full time, in-home infant care like a nanny is around $39,270 per year, according to Care.com data.

The average cost in the U.S. for full time, in-home infant care like a nanny is around $39,270 per year, according to Care.com data.

The average cost in the U.S. for full time, in-home infant care like a nanny is around $39,270 per year, according to Care.com data.

American families are paying over 30% more for child care now than they did before the pandemic, according to new analysis from the Bank of America Institute.

Rising child-care costs could harm overall consumer spending if not addressed, a Bank of America economist said.