December 11, 2013
As New Jersey families continue to face economic hardship, a new report finds that the typical family spends nearly a quarter of its annual salary on child care and has few ways to determine whether that care is good for their children.
Low-income and single-parent households face an even tougher financial battle. The typical low-income family of two young children spends nearly half -- 44 percent – of income on child care, while a single parent spends 73 percent, according to ACNJ’s Meeting the Child Care Challenge: A Kids Count Special Report, released today. That is much higher than the recommended 10 percent of income.
In addition, New Jersey parents lack any consistent, reliable way to measure the quality of care children receive from any given provider. ACNJ’s report makes a series of recommendations to address both the cost and quality of child care.
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