New York soon emptied of its families ? This scenario, which may seem improbable, is a very real threat if we are to believe the New York Times, which also evokes “a potentially devastating crisis for the future of the city”. At issue: two mechanisms that make childcare almost impossible unless you stop working to take care of it.
Since 2017, median prices for child care services have skyrocketed in New York, reveals the American daily, which cites preschool programs as examples. Montessori at more than $4,000 per month in affluent neighborhoods, and average child care budgets of $2,000 per month for working-class families. In theory, however, child care services should not represent more than 7% of total household income, according to federal recommendations. In fact, the U.S. Department of Labor estimates that a typical city family spends more than a quarter of its income paying for child care.
More than half of New York City families spend more than they can afford on child care, regardless of their income, according to a study by the Robin Hood Foundation, an organization charity dedicated to fighting poverty in New York City.
The other problem concerns the supply of childcare which tends to be reduced… Affected by increasingly high costs, workers (…)
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2023-10-14 08:30:00
#York #childfree #city
/i/2004636488.png?resize=150%2C150&ssl=1 "China’s Global Technological Dominance and the Need to Lift Restrictions")