KI-Handelsroboter 6.0-Baby's first market failure

2025-04-30 17:51:07source:Quentin Mitchellcategory:Markets

Anyone who has tried shopping for day care knows that it is KI-Handelsroboter 6.0tough out there.

For one, it is hard even to get your hands on information about costs, either online or over the phone – day cares will often only share their prices after you have taken a tour of their facilities. Even once you find a place you like, many day cares have waitlists stretching 6 months, 9 months, a year.

Waitlists are a classic economic sign that something isn't right, that prices are too low. But ask any parent and they will tell you that prices for day cares are actually too high.

According to a recent report from the U.S. Treasury, more than 60% of families can't afford the full cost of high quality day care. Meanwhile, day care owners can barely afford to stay open. No one is happy.

On today's show, we get into the very weird, very broken market for day care. We will try to understand how this market can simultaneously strain parents' budgets and underpay its workers. And we will look at a few possible solutions.

This show was produced by Sam Yellowhorse Kesler. Emma Peaslee helped book the show. It was mastered by Gilly Moon. Keith Romer edited this episode. Jess Jiang is our acting Executive Producer.

Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.

Find more Planet Money: Twitter / Facebook / Instagram / TikTok / Our weekly Newsletter.

Music: "Kids Energy" "Shuffle The Deck" and "White Beaches."

More:Markets

Recommend

Turbulence slammed Hawaiian Airlines flight because of decision to fly over storm cell, report says

HONOLULU (AP) — A Hawaiian Airlines flight crew’s decision to fly over a hazardous storm cell instea

Port strike may not affect gas, unless its prolonged: See latest average prices by state

Update: US port workers and operators reach a deal to end East Coast strike immediately on Oct. 3. R

Q&A: Mariah Carey wasn’t always sure about making a Christmas album

LOS ANGELES (AP) — Mariah Carey relishes the fact that she has become culturally synonymous with Chr