Corporate Child Care Is This Summer's Hot Ticket

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It's now summer and millions of schoolchildren across the country are celebrating summer vacation.

But for many parents, summer vacation is anything but. In single-parent and 2-income households, those 2 months often mean a desperate scramble to find safe and affordable childcare.

Child care can break the bank for many of the parents of the 48 million children in the US under age 12. In each of the 50 states, monthly child care costs for 2 kids exceed median rent costs, and are as high as or higher than the average monthly mortgage payment, according to The National Association of Child Care Resource and Referral Agencies.

Child care is crucial to keeping our economy strong. Without child care, millions of Americans would be unable to work. The cost creeps up every year, and like a mortgage, it's a set, often non-negotiable, fee. This puts a greater squeeze on negotiable necessities, such as food.

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