As the economy worsens and parents find themselves short on funds, more and more families are pulling young children out of daycare.
Enrollment at some child-care centers is falling, and nanny agencies are reporting mounting layoffs as families cut child-care costs, which rival mortgage payments in many households. An October online survey by the women’s website BettyConfidential.com found that 12% of 100-plus parents who responded are cutting child care. Source
