Rising child-care costs may end up pushing more women out of the workforce, according to fresh data from Bank of America.
In September, an increase in the number of prime-age men in the workforce was offset by a drop in the number of prime-age women working, which comes after years of gains, according to Bureau of Labor Statistics data.
At the same time, child-care spending per household in September was 32% higher than the 2019 average. With women bearing the brunt of child-care responsibilities,…
