US child care costs at $40,000 force parents to get second jobs

A dramatic increase in child care costs since the pandemic is forcing parents to find new ways of making ends meet, from working part time at a daycare for a discount to driving for a ride-share service on weekends. In a sign of how extraordinary the financial pressure has become — at a time when housing, groceries and other everyday items have also grown more expensive — even workers with full-time positions at the likes of big banks and tech firms are among those embracing such solutions, according to interviews with nearly two dozen parents. The measures show how child care costs are shaping the labor market and straining even…