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More women driven out of work by high cost of childcare

More women are leaving their jobs to look after their families, because the high cost of childcare means that for some women it makes better economic sense to stay at home.

Research by the insurer Aviva says that since September last year, 32,000 women have given up their jobs to stay at home and look after their families.

The figure is taken from the Labour Force survey by the ONS.

The survey of 6,000 families found that in some cases, particularly for women working part-time,  a working mother could be financially worse off.

For a woman with a partner with two children, a one-year-old and a seven-year-old, working part-time could actually mean a loss of £98 a month, once childcare costs and related costs for work, such as commuting and food, are taken into account. Working full-time she would be £120 a month better off.

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