U.S. child care is expensive — and not working for most families
May 29, 2024

U.S. child care is expensive — and not working for most families

"Investing in our children is something we don’t do in this country," noted KPMG chief economist Diane Swonk.

Segments From this episode

Exxon is on the offensive

Tensions between Exxon-Mobil and some of its shareholders may well boil over this morning when the company holds its annual shareholder meeting. Some of Exxon’s activist shareholders have been pushing the oil giant to do things like adopt a greenhouse gas reduction plan, and Exxon is suing them for basically harassing the company.

Child care costs are a big part of why Americans feel inflation still stings

Prices have climbed persistently, yet the service is persistently scarce. That, in turn, hurts kids and undermines the labor force.
Women are working slightly less since 2019, and the extra time is devoted mostly to child care or elder care, said Diane Swonk, chief economist at KPMG.
Sean Gallup/Getty Images

The team

Leanna Byrne Host, BBC
Kelly Silvera Executive Producer
Meredith Garretson Morbey Senior Producer
Erika Soderstrom Producer
Alex Schroeder Producer
Ariana Rosas Producer
Dylan Miettinen Digital Producer
Jesson Duller Media Producer
Nic Perez Director/Producer
James Graham Producer, BBC
Jo Critcher Producer, BBC
Naomi Rainey Producer, BBC
Lis Mahy Producer, BBC