Child care costs easing across wealthy nations as governments act on affordability concerns
By
The Economist
Summary
A brief news piece reporting that child care costs are becoming more affordable across rich countries, as governments respond to public pressure over fertility rates and women's workforce participation. It notes that some socialist politicians are proposing free child care, which is popular with voters. The piece references a ranking comparing nursery bills to income across 36 wealthy nations.
Source
Key quotes
· 3 pulledA COMMON COMPLAINT among working parents is that child care has become too expensive.
Governments across the rich world, under pressure to boost fertility rates and keep women in the work force, are trying to address such concerns.
A new generation of socialist politicians want to make child care completely free—a pledge that is proving popular with voters.
You might also wanna read
Child Care Costs Require $402,708 Annual Income for Two Children Under Federal Affordability Guidelines
The article reveals that child care costs have become unaffordable for most American families with two children. According to federal guidel
Economic and Structural Drivers of Low Fertility in High-Income Countries
This NBER working paper by Melissa Schettini Kearney and Phillip B. Levine examines the economic and structural factors behind persistently

San Francisco Expands Childcare Support: Free for Families Earning Under $230K, 50% Subsidy Up to $310K
San Francisco is expanding its childcare offerings to provide free childcare for families earning less than $230,000 annually and a 50% subs

New Mexico becomes first US state to offer universal free child care
New Mexico has become the first state in the U.S. to offer universal, no-cost child care to all residents regardless of income. Starting Nov
governor.state.nm.us·9mo agoRecord Child Poverty in Britain: One-Third of Children Live in Poverty Despite National Wealth
The article examines the paradox of child poverty in Britain, one of the world's wealthiest nations, where a third of children now live in p
Understanding the Decline in Birth Rates and Efforts to Reverse It
Governments worldwide are implementing various policies to boost birth rates in response to historically low levels. The 'Baby Boom' phenome
Comments
Sign in to join the conversation.
No comments yet. Be the first.
