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A driver for an independent contractor to FedEx delivers packages on Cyber Monday in New York, US, on Monday, Nov. 27, 2023. Stephanie Keith | Bloomberg | Getty ImagesConsumers are increasingly concerned that their online orders may not arrive in time for the holiday — and rightfully so. More than half of shoppers — 54% — are worried about shipping delays this season, according to a survey of nearly 1,000 adults by BadCredit.org. watch nowIn a period of such high volume, third-party shippers are particularly strained, according to Lauren Beitelspacher, a professor of marketing at Babson College. An ongoing labor shortage also means that some companies simply cannot hire enough workers to sort, transport and deliver packages on time.
Persons: Stephanie Keith, Patrick Kelleher, Lauren Beitelspacher, Beitelspacher, we've Organizations: FedEx, Bloomberg, Getty, Consumers, BadCredit.org, Monday, DHL Supply, North, CNBC, Babson College, Finance Locations: New York, North America
watch nowYoung adults face financial obstaclesOver decades, attitudes about marriage and parenthood have changed. More recently, experts say, the overall cost of living has become a contributing factor in decisions to forgo parenthood. Between 1991 and 2024, the costs for child care rose at nearly twice the pace of overall inflation. But parenthood and related child care costs are not just personal financial issues, he added. "The cost of child care is really an economic growth and productivity issue as well," House said — and that affects all Americans, not just those with young kids.
Persons: Greg McBride, Gen Zers, Pew, Brett House, , Brett Organizations: Pew Research Center, KPMG, Columbia Business School, Columbia Business Locations: U.S, millennials
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