Business
Parents need child care, and more are finding it at work on November 11, 2023 at 11:00 am Business News | The Hill

Story at a glance
As the child care crisis rages on, more companies are trying to help their workers with children with on-site child care.
Data from the group The Best Place for Working Parents found that about 13 percent of companies in their network offer on-site child care of some sort.
But offering on-site child care is tricky and expensive.
Like millions of other parents, Emily Hobey drops her son at day care before she heads to work every morning.
But what makes her mornings different from other parents’ mornings, is she gets to leave her one-and-half-year-old in a day care center run by her employer, Whirlpool.
The day care, called the Eddy, is located at the company’s global headquarters in Benton Harbor, Mich.—a five-minute drive away from her office at the company’s North America Headquarters building.
“Every day there is a safe environment waiting for him with great teachers,” said Hobey. “And we can really depend on that.”
A small but growing number of workplaces are offering on-site day care for their employees, according to data from network The Best Place for Working Parents, which encompasses over 600 businesses of varying sizes and services.
The organization has tracked how many businesses within its network offer on-site child care since right before the pandemic. In 2020, the Best Place for Working Parents found that 8.5 percent of those companies offered on-site child care.
That number grew to 11.9 percent in 2021, fell slightly to 11.4 percent in 2022 and climbed to 13.9 percent this year, a network spokesperson told The Hill in an email.
Access to child care plays a major role in whether parents work in or outside the home.
This is particularly true for women, research shows.
A 2022 survey from McKinsey & Company found that 45 percent of mothers with children age 5 or younger “who left the workforce during the COVID-19 pandemic cited child care as a major reason for their departure.”Only 14 percent of fathers said the same.
And 24 percent of mothers with children 5 years old or younger said they considered reducing their work hours or switching to part-time work because of child care.
Like Whirlpool, many workplaces offer on-site day care to help make their companies more attractive to employees.
Research also shows that when companies offer on-site child care, workers are happier at their job and are less likely to leave.
This has been the case at clothing company Patagonia, which has offered on-site child care since 1983 at its corporate headquarters in Ventura, Calif., and at its distribution center in Reno, Nev., according to the company’s website.
Hilary Dessouky, general counsel at Patagonia, told The Hill that the companies paid leave policies and on-site child care have resulted in almost 100 percent of mother’s returning to work after maternity leave.
“Parent-friendly policies have been a hallmark of our culture that has led to a nearly 50/50 gender balance at all levels of the company, more women in leadership positions and it improves our ability to attract and retain to talent,” Dessouky said in a statement to The Hill.
Former Patagonia CFO Rose Marcario wrote in a piece for Fast Company in 2016 that turnover rate for employees at their Ventura and Reno locations was 25 percent less than for their general employee population.
But creating a safe place for employees’ children is complicated.
“A lot of times the conversation starts with onsite child care and that is because for better or worse it is still kind of viewed as the gold standard of employer support around child care,” said Aaron Merchen, senior director at the U.S. Chamber of Commerce Foundation.
But constructing an onsite center and then hiring child care workers can be expensive for employers. Employers must also consider insurance and local laws when thinking about providing onsite child care, according to Merchen. One example may be zoning restrictions that don’t allow for such a facility, he suggested.
Hollis Wells Silverman, who runs the Washington, D.C.-based restaurant group Eastern Point Collective, has been toying with the idea of creating a day care for her employees.
One of her biggest concerns, though, is cost. Many companies that have successfully created onsite child care centers like Patagonia, Toyota, Whirlpool, Bank of America, Vermeer, Medtronic and soon Walmart all have “more flexibility with their margins,” she said.
Silverman added that typically for every dollar a restaurant earns only five to 10 cents are profits.
On top of that, restaurant workers usually need child care past six o’clock, when the hourly wage of a child care provider might go up.
“There are a lot of challenges, and I would really love to figure it out,” Silverman said.
In the meantime, though, she told The Hill that her restaurant employees are free to bring their children to work if they cannot secure outside child care.
Business, Changing America, Education, Enrichment, Bank of America, child care crisis, on-site child care, Patagonia, The Best Place for Working Parents, Walmart Story at a glance Like millions of other parents, Emily Hobey drops her son at day care before she heads to work every morning. But what makes her mornings different from other parents’ mornings, is she gets to leave her one-and-half-year-old in a day care center run by her employer, Whirlpool. The day care, called the Eddy, is located at the company’s…
Business
Harvard Grads Jobless? How AI & Ghost Jobs Broke Hiring

America’s job market is facing an unprecedented crisis—and nowhere is this more painfully obvious than at Harvard, the world’s gold standard for elite education. A stunning 25% of Harvard’s MBA class of 2025 remains unemployed months after graduation, the highest rate recorded in university history. The Ivy League dream has become a harsh wakeup call, and it’s sending shockwaves across the professional landscape.

Jobless at the Top: Why Graduates Can’t Find Work
For decades, a Harvard diploma was considered a golden ticket. Now, graduates send out hundreds of résumés, often from their parents’ homes, only to get ghosted or auto-rejected by machines. Only 30% of all 2025 graduates nationally have found full-time work in their field, and nearly half feel unprepared for the workforce. “Go to college, get a good job“—that promise is slipping away, even for the smartest and most driven.
Tech’s Iron Grip: ATS and AI Gatekeepers
Applicant tracking systems (ATS) and AI algorithms have become ruthless gatekeepers. If a résumé doesn’t perfectly match the keywords or formatting demanded by the bots, it never reaches human eyes. The age of human connection is gone—now, you’re just a data point to be sorted and discarded.
AI screening has gone beyond basic qualifications. New tools “read” for inferred personality and tone, rejecting candidates for reasons they never see. Worse, up to half of online job listings may be fake—created simply to collect résumés, pad company metrics, or fulfill compliance without ever intending to fill the role.
The Experience Trap: Entry-Level Jobs Require Years
It’s not just Harvard grads who are hurting. Entry-level roles demand years of experience, unpaid internships, and portfolios that resemble a seasoned professional, not a fresh graduate. A bachelor’s degree, once the key to entry, is now just the price of admission. Overqualified candidates compete for underpaid jobs, often just to survive.
One Harvard MBA described applying to 1,000 jobs with no results. Companies, inundated by applications, are now so selective that only those who precisely “game the system” have a shot. This has fundamentally flipped the hiring pyramid: enormous demand for experience, shrinking chances for new entrants, and a brutal gauntlet for anyone not perfectly groomed by internships and coaching.
Burnout Before Day One
The cost is more than financial—mental health and optimism are collapsing among the newest generation of workers. Many come out of elite programs and immediately end up in jobs that don’t require degrees, or take positions far below their qualifications just to pay the bills. There’s a sense of burnout before careers even begin, trapping talent in a cycle of exhaustion, frustration, and disillusionment.
Cultural Collapse: From Relationships to Algorithms
What’s really broken? The culture of hiring itself. Companies have traded trust, mentorship, and relationships for metrics, optimizations, and cost-cutting. Managers no longer hire on potential—they rely on machines, rankings, and personality tests that filter out individuality and reward those who play the algorithmic game best.
AI has automated the very entry-level work that used to build careers—research, drafting, and analysis—and erased the first rung of the professional ladder for thousands of new graduates. The result is a workforce filled with people who know how to pass tests, not necessarily solve problems or drive innovation.
The Ghost Job Phenomenon
Up to half of all listings for entry-level jobs may be “ghost jobs”—positions posted online for optics, compliance, or future needs, but never intended for real hiring. This means millions of job seekers spend hours on applications destined for digital purgatory, further fueling exhaustion and cynicism.
Not Lazy—Just Locked Out
Despite the headlines, the new class of unemployed graduates is not lazy or entitled—they are overqualified, underleveraged, and battered by a broken process. Harvard’s brand means less to AI and ATS systems than the right keyword or résumé format. Human judgment has been sidelined; individuality is filtered out.

What’s Next? Back to Human Connection
Unless companies rediscover the value of human potential, mentorship, and relationships, the job search will remain a brutal numbers game—one that even the “best and brightest” struggle to win. The current system doesn’t just hurt workers—it holds companies back from hiring bold, creative talent who don’t fit perfect digital boxes.
Key Facts:
- 25% of Harvard MBAs unemployed, highest on record
- Only 30% of 2025 grads nationwide have jobs in their field
- Nearly half of grads feel unprepared for real work
- Up to 50% of entry-level listings are “ghost jobs”
- AI and ATS have replaced human judgment at most companies
If you’ve felt this struggle—or see it happening around you—share your story in the comments. And make sure to subscribe for more deep dives on the reality of today’s economy and job market.
This is not just a Harvard problem. It’s a sign that America’s job engine is running on empty, and it’s time to reboot—before another generation is locked out.
Business
Why 9 Million Americans Have Left

The Growing American Exodus
Nearly 9 million Americans now live outside the United States—a number that rivals the population of several states and signals a profound shift in how people view the American dream. This mass migration isn’t confined to retirees or the wealthy. Thanks to remote work, digital nomad visas, and mounting pressures at home, young professionals, families, and business owners are increasingly joining the ranks of expats.

Rising Costs and Shrinking Wallets
Living in the US has become increasingly expensive. Weekly grocery bills topping $300 are not uncommon, and everyday items like coffee and beef have surged in price over the last year. Rent, utilities, and other essentials also continue to climb, leaving many Americans to cut meals or put off purchases just to make ends meet. In contrast, life in countries like Mexico or Costa Rica often costs just 50–60% of what it does in the US—without sacrificing comfort or quality.
Health Care Concerns Drive Migration
America’s health care system is a major trigger for relocation. Despite the fact that the US spends more per person on health care than any other country, millions struggle to access affordable treatment. Over half of Americans admit to delaying medical care due to cost, with households earning below $40,000 seeing this rate jump to 63%. Many expats point to countries such as Spain or Thailand, where health care is both affordable and accessible, as a major draw.

Seeking Safety Abroad
Public safety issues—especially violent crime and gun-related incidents—have made many Americans feel unsafe, even in their own communities. The 2024 Global Peace Index documents a decline in North America’s safety ratings, while families in major cities often prioritize teaching their children to avoid gun violence over simple street safety. In many overseas destinations, newly arrived American families report a significant improvement in their sense of security and peace of mind.
Tax Burdens and Bureaucracy
US tax laws extend abroad, requiring expats to file annual returns and comply with complicated rules through acts such as FATCA. For some, the burden of global tax compliance is so great that thousands relinquish their US citizenship each year simply to escape the paperwork and scrutiny.
The Digital Nomad Revolution
Remote work has unlocked new pathways for Americans. Over a quarter of all paid workdays in the US are now fully remote, and more than 40 countries offer digital nomad visas for foreign professionals. Many Americans are leveraging this opportunity to maintain their US incomes while cutting costs and upgrading their quality of life abroad.

Conclusion: Redefining the Dream
The mass departure of nearly 9 million Americans reveals deep cracks in what was once considered the land of opportunity. Escalating costs, inaccessible healthcare, safety concerns, and relentless bureaucracy have spurred a global search for better options. For millions, the modern American dream is no longer tied to a white-picket fence, but found in newfound freedom beyond America’s borders.
Business
Will Theaters Crush Streaming in Hollywood’s Next Act?

Hollywood is bracing for a pivotal comeback, and for movie lovers, it’s the kind of shake-up that could redefine the very culture of cinema. With the freshly merged Paramount-Skydance shaking up its strategy, CEO David Ellison’s announcement doesn’t just signal a change—it reignites the passion for moviegoing that built the magic of Hollywood in the first place.

Theatrical Experience Roars Back
Fans and insiders alike have felt the itch for more event movies. For years, streaming promised endless options, but fragmented attention left many longing for communal spectacle. Now, with Paramount-Skydance tripling its film output for the big screen, it’s clear: studio leaders believe there’s no substitute for the lights, the hush before the opening credits, and the collective thrill of reacting to Hollywood’s latest blockbusters. Ellison’s pivot away from streaming exclusives taps deep into what unites cinephiles—the lived experience of cinema as art and event, not just content.
Industry Pulse: From Crisis to Renaissance
On the financial front, the numbers are as electrifying as any plot twist. After years of doubt, the box office is roaring. AMC, the world’s largest theater chain, reports a staggering 26% spike in moviegoer attendance and 36% revenue growth in Q2 2025. That kind of momentum hasn’t been seen since the heyday of summer tentpoles—and it’s not just about more tickets sold. AMC’s strategy—premium screens, with IMAX and Dolby Cinema, curated concessions, and branded collectibles—has turned every new release into an event, driving per-customer profits up nearly 50% compared to pre-pandemic norms.
Blockbusters Lead the Culture
Forget the gloom of endless streaming drops; when films like Top Gun: Maverick, Mission: Impossible, Minecraft, and surprise hits like Weapons and Freakier Friday draw crowds, the industry—and movie fans—sit up and take notice. Movie-themed collectibles and concession innovations, from Barbie’s iconic pink car popcorn holders to anniversary tie-ins, have made each screening a moment worth remembering, blending nostalgia and discovery. The focus: high-impact, shared audience experiences that streaming can’t replicate.
Streaming’s Limits and Studio Strategy
Yes, streaming is still surging, but the tide may be turning. The biggest franchises, and the biggest cultural events, happen when audiences come together for a theatrical release. Paramount-Skydance’s shift signals to rivals that premium storytelling and box office spectacle are again at the center of Hollywood value creation. The result is not just higher profits for exhibitors like AMC, but a rebirth of movie-going as the ultimate destination for fans hungry for connection and cinematic adventure.

Future Forecast: Culture, Community, and Blockbuster Dreams
As PwC and others warn that box office totals may take years to fully catch up, movie lovers and industry leaders alike are betting that exclusive theatrical runs, enhanced viewing experiences, and fan-driven engagement are the ingredients for long-term recovery—and a new golden age. The Paramount-Skydance play is more than a business move; it’s a rallying cry for the art of the theatrical event. Expect more big bets, more surprises, and—finally—a long-overdue renaissance for the silver screen.
For those who believe in the power of cinema, it’s a thrilling second act—and the best seat in the house might be front and center once again.
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