The babysitting boom is here

Subscribe for your daily dose of unconventional business news 🚀

Please provide a valid email address.

It’s a helluva good time to be a babysitter. Between 2020 and 2021, the average US babysitting rate jumped 11% to $20.57 an hour.

The babysitting boom is here

That means babysitting left the yearly increases in both national average wage (4.7%) and inflation (7%) in the dust.

It’s a major shift from the prior year’s 3.9% jump, and the result of a combo-punch of labor shortages and new, better-credentialed entrants like teachers and nurses.

(TIL: Supposedly “babysitting” has different meanings around the world.)

Topics:

Economy

Jobs

Related Articles

Get the 5-minute news brief keeping 2.5M+ innovators in the loop. Always free. 100% fresh. No bullsh*t.

Please provide a valid email address.

We're committed to your privacy. HubSpot uses the information you provide to us to contact you about our relevant content, products, and services. You may unsubscribe from these communications at any time. For more information, check out our privacy policy.

This form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.