In the United States today, 7 out of 10 homes with children have both parents working, and that number keeps climbing. As you can imagine, the demand for daycare, child care, and preschools is skyrocketing with it, and in fact demand continues to outpace supply.
As the world continues to change, and we use works like “mobile workforce,” “the new normal,” and “shift staggering,” one thing remains constant; we need a safe and nurturing environment for our children while we are earning a living. For parents with traditional “go to the office” jobs, this is obvious, but remote workers have as much or more of a need for a place for their children to be safely looked after, lovingly educated, and socialized to enable them to effectively manage their work responsibilities.
In the Great Recession, childcare businesses continued to grow. In the 2020 Pandemic, preschools and daycares were often considered essential businesses. The industry has time and again shown itself to be resistant micro and macro economic trends that affect many other businesses.