U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > General Forums > Parenting
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 05-17-2020, 09:19 AM
 
Location: Milwaukee
5,251 posts, read 2,509,077 times
Reputation: 3356

Advertisements

Things are looking bleak for the childcare industry.

https://www.huffpost.com/entry/child...b6ae86c2fd2c00

This pandemic is radically changing everything.
Reply With Quote Quick reply to this message

 
Old 05-25-2020, 08:45 AM
 
13,081 posts, read 16,289,083 times
Reputation: 15363
I wouldn't hold any spots for anyone if they weren't coming in...why?
Reply With Quote Quick reply to this message
 
Old 05-25-2020, 08:58 AM
 
Location: Toronto, Ontario, Canada.
2,686 posts, read 3,524,058 times
Reputation: 7481
It isn't hard to predict large scale bankruptcies in this type of business. Parents who have lost their jobs entirely, or are only working a few hours a week, are going to cut any expense that they can cut. The hardest hit job sector will be those who earn less than 40k per year, because their skills are not good enough to save their jobs.


In the middle class the cubicle workers are also going to be hit hard. One only has to read the long list of U.S. corporations that have gone broke to see that fact. J.C. Penny, Hertz Car Rentals ( who also own Dollar , Thrifty, and some others ) Victoria's Secret, Pier One, and the list goes on. The minimum wage workers who work in " child care " are going to be out of a job when the parents of the kids can no longer afford to pay for their care.


Its called a depression. And its going to be a long haul to get back to even close to what it used to be like.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Parenting
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top