27 Jan Child Care Costs Are Skyrocketing Around the World
Bloomberg By Alice Kantor, Yuko Takeo, Ella Ceron, Catarina Saraiva, Leonardo Lara, and Abeer Abu Omar January 27, 2024 Around the world, rising inflation is pushing child care costs up to unprecedented levels. Average day care fees went up 6% in 2023 from the previous year, according to mobility company ECA International, while in the US, costs jumped by 9%. Reversing this trend is key to pulling economies out of recession, promoting growth and creating more equitable societies, but so far, many governments...