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Why the increase in child-care costs comes at a bad time for many parents - MarketWatch

1. Remote work mandates increase financial strain on working parents. 2. Child-care costs rose faster than inflation, averaging 5.3% in 2024. 3. Employees' commuting expenses amplifies financial stress amidst rising costs. 4. Many parents anticipate higher annual commuting costs due to RTO policies. 5. Growing resistance to in-person work despite employer requirements.

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FAQ

Why Neutral?

Increased operational costs for parents could reduce discretionary spending affecting JPM earnings.

How important is it?

Shifts in work policies impact customer sentiment and spending, potentially influencing JPM's performance.

Why Short Term?

Immediate financial stress may impact consumer behavior, observed in past economic downturns.

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