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As covid-19 puts new strains on parents, the pandemic is making clear what many experts had long warned even in more stable times: The absence of reliable and affordable child care limits which jobs people can accept, makes it harder to climb the corporate ladder and ultimately restricts the ability of the broader economy to grow.
Each caretaker resignation, coronavirus exposure and day care center closure reveals an industry on the brink, with wide-reaching implications for an entire economy's workforce.
Childcare has long been a high-cost market, and with the pandemic, tuition prices in the U.S. are increasing as workers demand higher wages. The effects are being felt in the larger economy as parents, who have been priced out, are leaving the workforce to care for their kids.
As covid-19 puts new strains on parents, the pandemic is making clear what many experts had long warned even in more stable times: The absence of reliable and affordable child care limits which jobs people can accept, makes it harder to climb the corporate ladder and ultimately restricts the ability of the broader economy to grow.
After Bryan Kang’s son was born in July, the occupational therapist and his wife, a teacher, started looking for child care in the Los Angeles area. The couple called eight day care centers: Some didn’t have spots for months; others stopped taking their calls and some never answered at all. So with no viable options,…