Healthy Female Army
No Result
View All Result
  • Healthcare
  • Health and Medicine
  • Health News
  • Staying Healthy
  • Healthcare
  • Health and Medicine
  • Health News
  • Staying Healthy
No Result
View All Result
Healthy Female Army
No Result
View All Result
Home Healthcare

Child care cost rising at nearly twice the pace of inflation: Research

by
May 31, 2024
in Healthcare
0
Child care cost rising at nearly twice the pace of inflation: Research
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

Child care costs in the U.S. have been rising over the last few decades at nearly twice the rate of inflation, according to a new report by audit firm KPMG. 

KPMG’s report, which was published Tuesday, showed that child care costs increased by 263 percent between 1990 and April of this year. During the same time period, the consumer price index, a parameter utilized for measuring inflation, rose by 133 percent.

“The childcare crisis, which was simmering prior to the pandemic, has come to a boil,” the researchers said in the report. 

“It really gets to the issue that parents are really stuck in right now — the largest generation, I might argue, of 30-somethings we’ve ever seen,” Diane Swonk, chief economist at KPMG, said in an interview with Marketplace. 

“We’ve got 12,000 millennials turning 35 every day. And they’re in the thick of this, trying to pay for child care costs, which are — affordability, the government has said you should pay maybe 7% of your income for child care costs,” Swonk added. 

Women who have younger kids also have a lower labor force participation rate when compared to others, according to KPMG’s research. Mothers with children who are younger than 6 had a labor participation rate of 69 percent last year, compared to 95 percent of similar fathers.

Women with kids between 6 and 17 had a labor participation rate of 78 percent, while with men it was 92 percent. 

The consumer price index published in February showed child care costs increased by 3 percent between December 2022 and December of last year. Preschool and day care costs rose by 4.5 percent during the same period.

Previous Post

Texas Supreme Court rejects challenge to abortion ban over medical exceptions

Next Post

Women on Mediterranean diet live significantly longer: Study

Next Post
Women on Mediterranean diet live significantly longer: Study

Women on Mediterranean diet live significantly longer: Study

  • Trending
  • Comments
  • Latest
Vaccine protection against COVID-19 related issues

Vaccine protection against COVID-19 related issues

April 26, 2022
2 in 3 physicians concerned about AI driving diagnosis, treatment decisions: Survey

2 in 3 physicians concerned about AI driving diagnosis, treatment decisions: Survey

October 31, 2023
Religious services may lower risk of ‘deaths of despair’

Religious services may lower risk of ‘deaths of despair’

April 26, 2022
Signaling molecule may prevent Alzheimer’s

Signaling molecule may prevent Alzheimer’s

April 26, 2022
Federal judge finds HHS mass layoffs likely unlawful

Federal judge finds HHS mass layoffs likely unlawful

0
7 Tips to Make Your Workout Routine More Sustainable

7 Tips to Make Your Workout Routine More Sustainable

0
11 Weight Loss Tips That Will Get you Fast Results

11 Weight Loss Tips That Will Get you Fast Results

0
What are the Sunday Scaries? Plus, Here’s How to Beat Them

What are the Sunday Scaries? Plus, Here’s How to Beat Them

0
Federal judge finds HHS mass layoffs likely unlawful

Federal judge finds HHS mass layoffs likely unlawful

July 1, 2025
Trump’s advice to ‘Alligator Alcatraz’ escapees: ‘Don’t run in a straight line’

Trump’s advice to ‘Alligator Alcatraz’ escapees: ‘Don’t run in a straight line’

July 1, 2025
Senate megabill marks biggest Medicaid cuts in history 

Senate megabill marks biggest Medicaid cuts in history 

July 1, 2025
Democratic states sue Trump administration over school mental health funding cuts

Democratic states sue Trump administration over school mental health funding cuts

July 1, 2025

Recent News

Federal judge finds HHS mass layoffs likely unlawful

Federal judge finds HHS mass layoffs likely unlawful

July 1, 2025
Trump’s advice to ‘Alligator Alcatraz’ escapees: ‘Don’t run in a straight line’

Trump’s advice to ‘Alligator Alcatraz’ escapees: ‘Don’t run in a straight line’

July 1, 2025
Senate megabill marks biggest Medicaid cuts in history 

Senate megabill marks biggest Medicaid cuts in history 

July 1, 2025
Democratic states sue Trump administration over school mental health funding cuts

Democratic states sue Trump administration over school mental health funding cuts

July 1, 2025
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: Healthyfemalearmy.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized beauty advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give health advice or provide beauty recommendation. Any recommendations here should be taken into consideration only after consulting with your doctor.
© 2025 Healthyfemalearmy.com. All rights reserved.

No Result
View All Result
  • Contact Us
  • Email Whitelisting
  • Home 1
  • Privacy Policy
  • Terms and Conditions
  • Terms and Conditions

Disclaimer: Healthyfemalearmy.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized beauty advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give health advice or provide beauty recommendation. Any recommendations here should be taken into consideration only after consulting with your doctor.
© 2025 Healthyfemalearmy.com. All rights reserved.