There are certain areas of the economy that have been spiking for years. Higher education, health care, and childcare are all eating more than their share of our clients’ wallets. The chart below shows the increases and this Wall Street Journal article offers a closer look at the expanding problem of the lack of childcare workers since March of 2020. Almost 100% of our client base has been impacted by one of these three areas in the last ten years.
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