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A comment on As child care costs soar, more parents may have to exit the workforce. Parent comment

Re:As child care costs soar, more parents may have to exit t... by _3u10 on Wednesday November 01, 2023 @10:15PM (#38108157)
It’s formal vs informal. The “economy” is only the formal economy.

When people stay home the economy loses 1+1/N incomes where N is the number of children a day care worker can take care of.

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Re:As child care costs soar, more parents may have to exit t... by kbelder on Thursday November 02, 2023 @02:59PM (#38118392)
There is a distinction there, but the real economy is the informal economy. The 'formal' economy is just an approximation, constrained by what can be easily measured.
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