Working parents going on six months without school or camp are about to take another hit: rising child-care costs. Parents with school-age children are hiring sitters or paying for online classes they wouldn’t need if their children were in school. Rising costs divert money from other purchases or investments, and many working parents said child-care costs prevent them from saving for a home. Yet without child care, parents are less productive at work—not to mention more stressed and tired. Many parents who work front-line jobs, from bank tellers to doctors, don’t have even that option.

Source: Wall Street Journal August 15, 2020 09:22 UTC