Working parents in south-west can’t keep up with childcare costs

“The cost of childcare has risen four times faster than wages in Devon, according to new findings.

The TUC (Trades Union Congress) has highlighted the ‘childcare gap’ for parents with one-year-olds, according to new analysis published by the TUC.

The average wages of South West parents with a one-year-old child rose by 11 per cent in cash terms – although pay is still falling in real terms – between 2008 and 2016.

Over the same period childcare costs shot up by 44 per cent. …

In the South West, the TUC says:

A single parent working full-time with a one-year-old in nursery for 21 hours a week (21 hours is the median amount of childcare used per week for pre-school age children) spent 22% of their wages on childcare in 2016, up from 18% in 2008.

One parent working full-time and one parent working part-time with a one-year-old in nursery for 21 hours a week spent 14% of their salary on childcare in 2016, up from 12% in 2008.

Two parents working full-time with a one-year-old in nursery for 21 hours a week spent 11% of their wages on childcare in 2016, up from 9% in 2008.

The analysis also shows pressure is even greater on parents working full-time, especially single parents. A single mum or dad in the South West with a young child in nursery for 40 hours a week would need to spend more than two-fifths (41%)of their pay on childcare.

To address this increasing pressure on working families, the TUC is calling for universal free childcare from the end of maternity leave. They also want more government funding for local authorities to provide nurseries and child care and a greater role for employers in funding childcare.”

http://www.devonlive.com/news/devon-news/childcare-costs-rising-fast-devon-646320