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grandparents
Trends
- 1Affordability crisis pushes 37% of parents to rely on family money▼The affordability crisis made 37% of parents count on financial help from parents or grandparents
Roughly 37% of parents say they now count on financial help from their own parents or grandparents, a figure attributed to the ongoing affordability crisis. The numbers point to a growing reliance on intergenerational support as younger families struggle with housing, childcare and everyday costs, and they are prompting debate about how financial pressure is shifting onto older generations.
- 2Grandparents too busy working to mind grandchildren, 'grandchild leave' emerges▼Grandparents have always helped out with childcare, but now so many of them need to keep working that 'grandchild leave'
Japanese companies are reportedly introducing 'grandchild leave', letting employees take time off to care for grandchildren. Rising retirement ages and financial pressures mean more grandparents must stay in work, leaving them less available for the informal childcare families have long relied on. Commenters note the development reflects a broader squeeze on working families and an ageing workforce.