More parents hiring nannies amid big shift in child care

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More parents hiring nannies amid big shift in child care
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Better-paying nanny jobs are luring workers away from child care centers. The change is good for workers in an industry where wages are historically very low. But it could be exacerbating an overall shortage of more affordable center-based care.

In-home care is ascendant, while fewer child care centers are operating now than in 2019. Better-paying nanny jobs are luring workers away from child care centers and even preschools.The shift in the market away from traditional centers might work well for individual families, especially the more affluent ones. But it could be exacerbating an overall shortage of more affordable center-based care.

Many licensed child care businesses shut down during the pandemic, pushing families to find other arrangements. The number of licensed child care locations is still lower now than it was in 2019, according to data fromwhere multiple families pool money to pay for one sitter who can make a real living wage. That's a trend that's stuck around.

Still, "it's definitely a luxury," Grady tells Axios. They plan on sticking with the arrangement until it's time for public pre-K.

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