Punching In: Sky-High Child Care Costs Create Employee Burden

Monday morning musings for workplace watchers.

The Price of Child Care|OFCCP List Questions

Rebecca Rainey: Childcare costs more than rent in some parts of the country, newly updated data from the US Labor Department found, shedding light on just how large of a financial burden parents will face when the beefed up child tax credit expires next year.

Parents spend between 8.9% and 16% of the median income for most families in the US on child care each year, according to new data from DOL’s National Database of Childcare Prices. In 2022, the latest year dollar-amount data was available, that ...