The Bad Economics of Childcare

We know working moms make less than men partly because they work fewer hours, and one of the main reasons for that is: childcare. Because, well: someone has to take care of the kids. In this episode, we dig into the economics of childcare, which are bad. Women either get pushed out of the workforce altogether, or have to take lower paying jobs to meet childcare needs. There are places, like Singapore, where childcare is cheap and plentiful, allowing women to stay in the workforce. It’s great for working women, but what about the women taking care of the kids? Tomoko Yamazaki reports from our Singapore bureau on the life of Romina Novato, a domestic worker in Singapore. 

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