(Bloomberg) Women Failing to Get Hired in U.S. Seen in Childcare Woes
When Marci Price and her husband did the math, childcare services for their two kids ran higher than their mortgage payment in Chicago. They packed their bags for Indianapolis, where family could help trim that expense.
“It was going to cost us almost $2,000 a month just to have two kids in daycare, so it was getting to the point where it was like, do we even go to work?” she said. “We both like to work and liked our careers and our jobs, so in order to do that we had to go someplace with a lower cost of living.”
Price, 34, telecommutes as a fundraiser for a non-profit as her husband starts a new job in higher education administration in Indianapolis. Since the move in May, her mother-in-law watches their four-month-old daughter two days a week while their son attends preschool.
Cost-conscious households are one reason employment in the childcare industry has dropped 1.8 percent since the recession ended June 2009, even as total U.S. payrolls increased 2.1 percent. Jobs in the sector hover at levels of five years ago as unemployed parents watch their children at home, states cut childcare subsidies and the birth rate is at a 12-year low.