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Wednesday, January 20, 2010

Child Care and the Recession, Families caught in the squeeze

First, some of the numbers:
- The average family spends 14% income on child care.
- Almost 43% of families changed their primary child care arrangement in the past year and 50% of those made the change due to economic issues.
- Of the families who made a change in child care 63% were worried that the changes had negatively impacted their child’s care.

The State of Care Index, from care.com, outlines the annual cost of childcare and senior care, details families' efforts to save money on care arrangements,and reports on the tie between employment and caregiving. Policies for states to increase access to quality child care for parents and improve family economic success.

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