Query of the Day: What’s the common annual price of childcare per baby within the U.S.?
Little one care: the opposite mortgage fee nobody warns you about.
Reply: $11,582 per yr
Questions:
- How would possibly a excessive price of kid care have an effect on a household’s determination about having youngsters or what number of to have?
- Do all households really feel the burden of kid care prices equally? Why or why not?
- How would possibly baby care bills affect somebody’s profession decisions or work hours?
Listed here are the ready-to-go slides for this Query of the Day you need to use in your classroom.
Behind the numbers (CNN):
The report additionally exhibits that baby care continues to be a serious monetary burden for a lot of dad and mom, although it has stabilized considerably because the Covid-19 pandemic upended the business in 2020, forcing many suppliers to shut their doorways or jack up their costs to retain their employees and preserve a protected atmosphere.
Nationwide, the typical annual price of care rose to $11,582 per baby final yr, up 3.7% from the prior yr. It was the smallest annual enhance because the pandemic started and trailed inflation.
About
the Creator
Dave Martin
Dave joins NGPF with 15 years of instructing expertise in math and laptop science. After becoming a member of the New York Metropolis Instructing Fellows program and incomes a Grasp’s diploma in Schooling from Tempo College, his instructing profession has taken him to New York, New Jersey and a summer time within the north of Ghana. Dave firmly believes that monetary literacy is important to creating well-rounded college students which can be ready for a posh and extremely aggressive world. Throughout what free time two younger daughters will enable, Dave enjoys video video games, Dungeons & Dragons, cooking, gardening, and taking naps.
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