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Childminders are thriving despite the recession

Nine out of ten childminders expect to still be in the job 12 months from now, according to research by the National Childminding Association.

NCMA’s annual membership survey found that childminders are doing well despite the recession, with reported increases to business turnover.

The report said that the ability to sustain and develop their businesses in the current economic climate could be partly attributed to the flexiblity of childminding. Nine out of ten childminders are willing to care for children during the school holidays.

The number of childminders earning less than £7,000 a year has dropped to 30 per cent, compared with 41 per cent in the 2009 survey. Almost half of those surveyed reported an annual turnover of less than £10,000 a year.

However, twice as many childminders are earning more than £20,000 a year, up to 6 per cent, compared with 3 per cent last year.

Childminders throughout England and Wales have increased their hourly fees since last year, except those in the south- west. There has also been a slight rise in the average hourly rate per child, which has increased from £3.61 an hour to £3.84.

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