High childcare costs in US weigh on women's employment

Childcare is among American households' largest expenses, and ahead of the November presidential election, voters are hoping politicians will take notice. Spike in costs Official data shows day care and preschool costs -- already frustratingly high for many families -- rose more quickly than the overall inflation rate over the past year. Day care costs rose 6.2 percent from August 2023 to the same month in 2024, according to the Consumer Price Index (CPI) report. Overall CPI inflation for the month...