Wall Street

Parents, Be Prepared to Pay More for a Babysitter

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By Trish Rooney If you’re looking to do a child-free date night this summer, you better start planning in advance. According to a report from the Wall Street Journal, the newest group of workers that are feeling the effects of a tight labor market are your friendly neighborhood babysitters. Rates for babysitting are getting up to $30 dollars an hour, with babysitters getting the “VIP treatment” in order to avoid getting poached by other parents. Like everything else in our world today, rising childcare prices can be partially blamed on the pandemic. Care.com, a childcare marketplace, found tha…

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