Breaking down the high cost of child care

A recent report found the average annual cost of child care in the U.S. was over $11,500 last year. In some areas, those expenses can be two or three times higher. CBS News business analyst Jill Schlesinger breaks down the costs.

Each weekday morning, "CBS Mornings" co-hosts Gayle King, Tony Dokoupil and Nate Burleson bring you the latest breaking news, smart conversation and in-depth feature reporting. "CBS Mornings" airs weekdays at 7 a.m. on CBS and stream it at 8 a.m. ET on the CBS News app.

Subscribe to "CBS Mornings" on YouTube:    / cbsmornings  
Watch CBS News 24/7: https://cbsnews.com/live/
Download the CBS News app: https://cbsnews.com/mobile/
Follow "CBS Mornings" on Instagram:   / cbsmornings  
Like "CBS Mornings" on Facebook:   / cbsmornings  
Follow "CBS Mornings" on X:   / cbsmornings  
Subscribe to our newsletter: https://cbsnews.com/newsletters/
Try Paramount+ free: https://paramountplus.com/?ftag=PPM-0...

For video licensing inquiries, contact: [email protected]