Child Care

The child day-care industry generated $53 billion in 2015, according to IBISWorld. The economic slowdown of the preceding years had hampered the industry somewhat, as widespread unemployment meant that more parents were able to care for their children at home. Industry revenues are estimated to have grown by an annual average of 2.3 percent from 2007–2012 but to have sped up to 3.1 percent in the last year of that period. Labor Department figures show the workforce in the industry increasing at a similar rate during that period, and the day-care industry is expected to have steady employment growth in the coming years.  

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