A young boy plays with toys at a preschool in this file photo. Matt Cardy/Getty ImagesRising costs for childcare—up 5.2 percent year over year in September—have some parents leaving the workforce or cutting back on hours to take care of their children, a new report from the Bank of America (BofA) Institute found.The report, published on Oct. 28, said childcare costs outpaced inflation by 1.5 percent in September. As a result, the year-over-year growth in households making childcare payments slowed, down 1.6 percentage points from September 2024.
1.5
C
Ottawa
Saturday, March 21, 2026
The Alliance Press is the world leader in online chained news and information and seeks to inform, engage and empower the world. We expose the information that wasn't known before or current events broadcast over the radio, television, online or in print media. Our content is now available through your mobile phone. No matter where your on-the-go lifestyle takes you, TAP brings the news directly to you.
More from CN
Contact
© The Alliance Media Group design by CODEUS