The Federal Reserve Bank of Boston has issued an article that delves into the sources needed to pay child care workers the wage they are owed. In New England, the median annual salary in 2018 was under $26,000. Here’s an excerpt:
“In this mostly private market, charging less than what high quality truly costs has been the pathway to increasing access to early child care, but it’s a dead end. Without intervention, the tenuous balance between rate-setting for parents and low wages for workers will continue, pushing down quality and the overall supply of early child care.”
Authored by Sarah Ann Savage and published on January 30, 2020
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