To help families access #AffordableChildcare options, we need to support childcare providers in becoming financially sustainable. Thanks to support from the U.S. Small Business Administration, we’ve published a new toolkit filled with best practice solutions and resources that local partners need to better prepare underserved entrepreneurs in the #ChildCare industry for success. Find out more: https://lnkd.in/eJ2EaTBz
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Co-Founder || Business Coach & Consultant || Start-up Advisor || Global Strategic Growth Leader || Optimizing Efficiency, Delivering Transformational Results and Streamlining Operations || Chief Member || Board Member
These statistics on childcare spending in the U.S. are more alarming than I anticipated. The high costs are placing an immense burden on families, making it difficult for many to afford quality care. This situation underscores the urgent need for comprehensive policy reforms to support working parents and ensure accessible, affordable childcare for all.
#Childcare has become increasingly inaccessible in states without significant funding increases, according to an analysis by the National Women's Law Center. The childcare sector received an infusion of relief funding, including a historic $24 billion from the federal government. Tens of thousands of centers that would’ve otherwise shuttered kept their staff on payroll and stayed open. Parents were able to keep their positions. But that funding expired last fall. Early learning professionals raised awareness for the critical role they play in the nation’s economy and how little they earn in return for that labor. Read more: https://lnkd.in/eeBvz9dt
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What contributes to the child care crisis? High costs, poor quality, lack of accessibility, lowest paid workers, causing parents to make difficult choices between work and caregiving responsibilities.....impacting children, working families, child care providers, businesses and our economy.
#Childcare has become increasingly inaccessible in states without significant funding increases, according to an analysis by the National Women's Law Center. The childcare sector received an infusion of relief funding, including a historic $24 billion from the federal government. Tens of thousands of centers that would’ve otherwise shuttered kept their staff on payroll and stayed open. Parents were able to keep their positions. But that funding expired last fall. Early learning professionals raised awareness for the critical role they play in the nation’s economy and how little they earn in return for that labor. Read more: https://lnkd.in/eeBvz9dt
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#Employers can win the war for talent, boost #productivity and nurture parents’ well-being by adding #childcare to #employeebenefits package: https://lnkd.in/evfbs5Rv. #manufacturing #workforce #parentworkforce #workingparents
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I empower student success, mental wellness, and inclusion as an Educational Trainer & Trauma-Informed Consultant🧠|Advocate for student growth 📈|Follow for insights on Education, Mental Health, and empowering educators!
Here are the 3 impacts of the child care crisis on our economy: The USA TODAY recent article highlights the critical issues within the US child care system, emphasizing the impact on children, parents, child care workers, and the economy. Despite the sector receiving a historic $24 billion in federal relief funding, the expiration of these funds last fall has left many child care centers struggling. The lack of affordable child care forces many parents, especially mothers, to reduce working hours or leave the workforce, which affects family income and economic growth. Low wages and high stress levels contribute to high turnover rates among child care workers, undermining the quality of care provided. Inconsistent care can disrupt children's early development, leading to long-term educational and social challenges. There's a clear need for sustainable policy solutions that ensure long-term funding and support for the child care sector. --- Hey #Linkedin Fam, after reflecting on this, how can we create a sustainable and equitable child care system that supports both families and care providers? Share your thoughts and solutions to this pressing issue. #ChildCareCrisis #EconomicImpact #WorkforceDevelopment #PolicySolutions #EarlyEducation #AffordableChildCare #FamilyEconomics #ChildCareFunding #WorkforceParticipation #EducationalChallenges #LinkedinForCreators
#Childcare has become increasingly inaccessible in states without significant funding increases, according to an analysis by the National Women's Law Center. The childcare sector received an infusion of relief funding, including a historic $24 billion from the federal government. Tens of thousands of centers that would’ve otherwise shuttered kept their staff on payroll and stayed open. Parents were able to keep their positions. But that funding expired last fall. Early learning professionals raised awareness for the critical role they play in the nation’s economy and how little they earn in return for that labor. Read more: https://lnkd.in/eeBvz9dt
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I am a seasoned chief information security officer, cybersecurity evangelist, and educator. I am a results-driven, commercially minded and hands-on Information Security executive with 20+ years of CISO experience
People talk about how expensive university education is, but childcare can be as expensive as, or sometimes more expensive than, sending a kid to college. By the numbers: $36,000 One in 5 families spends this amount or more on child care in a single year. 75% According to a federal report last year, that’s the portion of a single parent’s income, in some areas (such as Washington, D.C.), that is spent on infant care. The cost is untenable even in states on the low end (such as South Dakota), where infant care accounted for a quarter of a single parent’s household income. 14.4 million This is how many U.S. children 5 and younger have all available parents in the workforce and thus need care You may ask, why should the government fund childcare? Because then the people who keep the wheels of the economy turning can work, earn a living wage, and keep the GDP up: $122 billion According to a report by ReadyNation, this is how much money is sucked out of the nation’s economy due to its child care crisis. (Disclosure: I work for a childcare company. Increased government funding for childcare may benefit my employer) PS: I wish the headline-writers wrote this differently. The system isn't broken; it is the insufficient funding by State and Federal governments that is causing the problem.
#Childcare has become increasingly inaccessible in states without significant funding increases, according to an analysis by the National Women's Law Center. The childcare sector received an infusion of relief funding, including a historic $24 billion from the federal government. Tens of thousands of centers that would’ve otherwise shuttered kept their staff on payroll and stayed open. Parents were able to keep their positions. But that funding expired last fall. Early learning professionals raised awareness for the critical role they play in the nation’s economy and how little they earn in return for that labor. Read more: https://lnkd.in/eeBvz9dt
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The care economy is broken. Period. Why is there so little innovation around this? US government needs to co-fund (with private sector or foundations) an innovation fund to nurture startups around solutions. Imagine the growth in the economy if we had better paying caregiving jobs, lower costs and barriers to access care, and better services for those needing care. I’ve got ideas but no funds or time to create or pilot solutions. Asking as a divorced mom of teens who’s caring for my bedbound mom, advising/ helping another elderly relative, and working. We need to fix this!
#Childcare has become increasingly inaccessible in states without significant funding increases, according to an analysis by the National Women's Law Center. The childcare sector received an infusion of relief funding, including a historic $24 billion from the federal government. Tens of thousands of centers that would’ve otherwise shuttered kept their staff on payroll and stayed open. Parents were able to keep their positions. But that funding expired last fall. Early learning professionals raised awareness for the critical role they play in the nation’s economy and how little they earn in return for that labor. Read more: https://lnkd.in/eeBvz9dt
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STAGGERING... that's the best word to describe the numbers behind our #childcare crisis. If you don't believe me, check out the article link below. When the average childcare teacher makes less than $15 an hour, what is the incentive to take these jobs? When 20% of families spend $36,000 or more in childcare costs, they must choose if they will enter the workforce or have one parent stay home. With $122 billion sucked out of the economy towards the childcare crisis, the labor pool and businesses suffer. Those who follow me know I have been stressing the need to focus on #childcare for almost two years. Government funding was a necessary, temporary solution following COVID-19, but it can't be the long-term solution. We have much work to do, but innovative solutions exist. This is why the Columbia County Chamber of Commerce continues to have these conversations with our legislators at all levels of government to explore alternative ideas. https://lnkd.in/ex4X83Qy
#Childcare has become increasingly inaccessible in states without significant funding increases, according to an analysis by the National Women's Law Center. The childcare sector received an infusion of relief funding, including a historic $24 billion from the federal government. Tens of thousands of centers that would’ve otherwise shuttered kept their staff on payroll and stayed open. Parents were able to keep their positions. But that funding expired last fall. Early learning professionals raised awareness for the critical role they play in the nation’s economy and how little they earn in return for that labor. Read more: https://lnkd.in/eeBvz9dt
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I am not sure of the solution.
#Childcare has become increasingly inaccessible in states without significant funding increases, according to an analysis by the National Women's Law Center. The childcare sector received an infusion of relief funding, including a historic $24 billion from the federal government. Tens of thousands of centers that would’ve otherwise shuttered kept their staff on payroll and stayed open. Parents were able to keep their positions. But that funding expired last fall. Early learning professionals raised awareness for the critical role they play in the nation’s economy and how little they earn in return for that labor. Read more: https://lnkd.in/eeBvz9dt
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When our oldest son was born a decade ago we faced a hard financial choice - send our newborn to daycare in Manhattan where we both worked ($$$$) or in Brooklyn where we lived ($$$)? Or...become a stay-at-home mom and say goodbye to my career. When our baby was less than two weeks old the choice was made for me. I got laid off from my job and I took on the primary title of mom, chief of household, keeper of all things and default parent. (Best job to date, mind you!) We discussed, albeit briefly, what it would look like for me to go back to the office. No matter which way we spun it - the cost of two working parents didn't outweigh the benefits of having two working parents. I stayed home. I kept earning money on my terms through entrepreneurship, but it never quite captured the income I left in the office. It took us 10 years to feel comfortable as a family for me to go back to working full time. So while I never paid for daycare, it's simply because we couldn't. The price was too high both financially and from a family standpoint. Unfortunately, many people don't have that luxury, and both parents MUST work. Our system is broken. We should be able to work AND afford things. What a novel idea, eh? Did anyone else here have to choose between parenting and a career?
#Childcare has become increasingly inaccessible in states without significant funding increases, according to an analysis by the National Women's Law Center. The childcare sector received an infusion of relief funding, including a historic $24 billion from the federal government. Tens of thousands of centers that would’ve otherwise shuttered kept their staff on payroll and stayed open. Parents were able to keep their positions. But that funding expired last fall. Early learning professionals raised awareness for the critical role they play in the nation’s economy and how little they earn in return for that labor. Read more: https://lnkd.in/eeBvz9dt
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My son is a teen now, but I struggled with this - I don't know a single working parent who does not. We need to rethink our national values - if we value peoples' careers, then we value having proper child care as a benefit. If we value women then we need proper child care. If we value people of culture (thank you Resmaa Menakem) then we need to value proper child care. If we value our children and the future of this country, then we need to value proper child care. There is too much at stake for all of us not to value proper child care. #hiddencostsofcapitalism #childcare
#Childcare has become increasingly inaccessible in states without significant funding increases, according to an analysis by the National Women's Law Center. The childcare sector received an infusion of relief funding, including a historic $24 billion from the federal government. Tens of thousands of centers that would’ve otherwise shuttered kept their staff on payroll and stayed open. Parents were able to keep their positions. But that funding expired last fall. Early learning professionals raised awareness for the critical role they play in the nation’s economy and how little they earn in return for that labor. Read more: https://lnkd.in/eeBvz9dt
