The San Francisco Chronicle reports that S.F.'s babysitters and nannies charge the highest rates in the U.S. (though not that much more than New Yorkers do), but some of the city's moms and dads don't seem to mind the cost so much.
Our pal Heidi Moore tackled the issue in The Guardian today.
Over at Marketplace, two economists discuss the pros and cons of raising the minimum wage, which is making news again after Congressional Democrats introduced a bill which would raise the federal minimum wage from $7.25 an hour to $9.80 an hour over two years.
There is a lot of pressure on the federal and state level right now to raise the minimum wage of $7.25 to something workers can actually live on.
Last night, President Obama talked about raising the minimum wage, and invoked Gov. Romney in his speech.
In The Atlantic, Conor Friedersdorf got stuck in a historical k-hole looking at the sexist fight that brought the minimum wage to the U.S.
Workers want to unionize and raise their pay from minimum wage to $15 an hour, but it would be more likely that companies would negotiate that figure down—if they're willing to negotiate at all.