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Child Care Firm Bumo Gets $10 Million
The U.S. has long dealt with a crumbling a child care system partly due to low wages, labor burnout and a shortage of child care options for working parents. The Covid-19 pandemic exposed how deep the problem was and even made it worse, as the lack of child care forced many women to leave the labor force in droves. By 2021, women made up the smallest percentage of the workforce since 1988, according to the National Women’s Law Center.
