•  FZDC   ( @FZDC@beehaw.org ) OP
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    410 months ago

    High cost of living cities are previewing a problem that seems to be spreading everywhere: 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.

    • 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.