“The economic ramifications of the child care crisis cannot be understated,” writes Mackenzie Genecov.
Recognizing child care as a critical piece of our infrastructure is not just a social imperative; it is an economic necessity.
Contrary to popular belief, this is not a problem the market can resolve on its own. Placing the onus on employers is also an inadequate solution. If governments at the local, state and federal levels fail to address the child care crisis, we face the grim prospect of an estimated. This results in countless households losing access to child care, with many family members – often women — forced to forgo income opportunities and educational pursuits.
Wage and benefits of child care employees is another pressing issue. Most child care positions require a four-year degree, yet employees typically receive minimum wage with no access to benefits due to the narrow profit margins of providers.an hour in 2022. This low income and lack of benefits make child care centers unattractive workplaces creating a substantial barrier to scalability. With ARPA funding, providers have been able to raise wages and sustain staff.
Recognizing child care as a critical piece of our infrastructure is not just a social imperative; it is an economic necessity. As we approach a pivotal moment with significant funding expiring, government officials, on all levels, must take decisive action to support child care providers and ensure families, particularly women, are not forced out of the workforce due to a lack of accessible and affordable child care.
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