nannies

Just in time for Labor Day, domestic workers in New York state got a gift of sorts -- a workers' bill of rights, which Gov. David Paterson signed into law last week. The measure guarantees nannies, housekeepers and care providers to the elderly are paid overtime, get time off and are protected against sexual harassment.

This week, Forbes takes a peek inside the world of professional nannies and finds that some of them are making more than $100,000 a year. It seems like a crazy number, when you take it at face value. Factor in the fact that many of these nannies have Ivy League degrees, medical certifications and...

I wrote earlier this week about how child care is becoming a luxury that many families can't afford; and in the post I predicted that, in a prolonged downturn, "full-time child care will be a perk that only the wealthiest two-income families even consider." In yesterday's Wall Street Journal, news...