Remote Work Reshapes Economics of Parenting for Millions
Source: NYT > Business (paywall)
Flexible work arrangements have shifted the economics of dual-earner households, especially for mothers who faced binary choices between career and childcare. The effects ripple through consumer decisions on housing location, childcare spending, and education—and through retention in knowledge work sectors where talent competition is fierce. Companies that lock in remote flexibility will retain workers from a cohort now viable as full-time earners; those reverting to pre-pandemic office mandates face attrition among experienced staff.