How Soaring Child Care Costs Are Crushing New Yorkers
www.nytimes.com
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Even upper-middle-class New Yorkers are struggling to pay for child care. The workers who provide it are struggling too.

The cost of providing child care is getting far too expensive for working parents, while wages of the actual child care workers are insufficient to actually keep people in that career.

From what I - a childcare worker - have been able to figure out over the past decade when I’ve made note of this becoming a trend, this is called a “market failure”. And also it is known to the US Government but they don’t feel the need to do anything about it such as nationalize the childcare sector like they did to the previous child-related market failure: elementary education.

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