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We updated our National Database of Childcare Prices with data from 2019-2022 and found that U.S. families spend between 8.9% and 16.0% of their median income on full-day care for just one child.
As Mother’s Day fast approaches, let’s celebrate moms not just for their role in their families, but also for their integral role in the U.S. economy with five fast facts.
Older women are critical to the care infrastructure of the U.S. This care is crucial for the care recipients themselves; but more broadly, it allows employees to work and thrive, and the U.S. economy to function.
The increase in job flexibilities and leave options during the pandemic made clear that in many cases, family-friendly work policies improve quality of life for workers while also allowing them to successfully perform their jobs.