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I think people do work to break even or even worse. You only need childcare for 4 or 5 years until the kid is old enough to go to public kindergarten. If you a
by denimnerd42 4y ago
I think people do work to break even or even worse. You only need childcare for 4 or 5 years until the kid is old enough to go to public kindergarten. If you are 25 and take a break from the workforce for 5 years you are going to obliterate your career. meanwhile if you had been working at say 25 in NYC at 100k/year and kept working w/ the support of childcare then by 30 you could be making 150 or 200k/year. If you had stopped working 5 years you would be lucky to find that same 100k/year job again. By 30 you still have about 35 years of your career left. I wouldn't want to stunt that growth early on.
- mcherm 4y agoNow THAT is a market failure. Create a company staffed with parents who have a gap in their resumes. Pay them slightly less than market rate. In theory, that should be very profitable. In practice there are too many confounding issues and I doubt this would be successful, although I do think the companies can do quite well by disregarding explainable gaps in one's resume.
- chii 4y ago> I do think the companies can do quite well by disregarding explainable gaps in one's resume. i dont believe it is the gap, but more that a company would prefer to hire someone younger (and thus, cheaper?) if they both have the same experience.
- denimnerd42 4y agoskills deteriorate if not maintained
- lawlesst 4y agoThe hours of a public school day are generally about two hours shorter than the average workday, not accounting for commuting time. There is still a need for before and/or after school care for several years after after the child enrolls in school.