Rising costs of child care, insufficient enrollment, lack of funding, underpaid and overworked teachers – all of which have contributed to more and more daycares shuttering their doors. This issue continues to affect millions of families. And disproportionately affecting women, who will once again be forced to leave the labor market without real solutions. Thank you NBC News for including theSkimm and the #ShowUsYourChildCare campaign in this recent segment on Hallie Jackson NOW, highlighting ways we can combat this crisis – not just through lawmakers, but also with our employers. https://lnkd.in/e_ZMdEex
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The historic labor force gains US women have made in recent months are at risk of stalling or even reversing as a pandemic-era lifeline to daycare providers expires, with more than 70,000 child-care programs estimated to be in danger of closing. Bloomberg News is hosting a discussion on how thousands of daycare programs are at risk of closing and what that means for Americans. Make sure to attend it on September 27 at 11 a.m. ET.
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It’s not your baby, but it’s STILL your problem. 🚨 70,000 daycare centers are predicted to close when emergency COVID-era funding lapses this weekend: that’s 1 in 3 daycare centers in America! This is not a “parents” problem — it’s an economic crisis: 💰 Disproportionately impacting women and forcing them to leave the workforce due to lack of care 💰 Making a tight labor market even tighter 💰Reducing the amount of disposable income in the economy 💰 Contributing to the widening gender pay gap Our economy cannot thrive if moms can’t even survive. #womeninleadership #workingmoms #workforce #economy
The child-care crisis is about to get worse
washingtonpost.com
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The childcare crisis in the US is reaching a boiling point and continues to be one of the greatest economic issues we face. Women, in particular, bear the burden of being caretakers while working full-time jobs. In fact, if women were paid for their caregiving work, they would make an additional $627 billion per year according to a new analysis from the National Partnership for Women & Families. Companies need to step up and provide family-friendly policies to ensure the health and wellness of their workers, their businesses, and the global economy at large. Read more from Kelsey Butler at Bloomberg and connect with JUST Capital to learn how we can work together to enhance your company's #care and #equity policies #childcare #familyfriendly #equality #paidleave
Today is Moms' Equal Pay Day -- marking the amount of time into 2023 that the average mother has to work to earn what a father does in 2022 alone. Of course, caring for children isn't the only responsibility that women disproportionally shoulder. If US women were paid for their care work, they'd make an extra $627 billion per year. (That's a conservative estimate, by the way -- calculated at the ultra low wages that child care workers and home health aides currently earn!) “Care is something people do out of love. But that doesn’t mean it’s not costly,” says Katherine Gallagher Robbins, senior fellow at National Partnership for Women & Families. You can read my full story on this new analysis (NPWF analyzed Bureau of Labor Statistics data) at the gift link below! https://lnkd.in/g_AWr89J #childcare #workingmom #workingwomen #careeconomy
US Women Miss Out on $627 Billion by Not Getting Paid for Caregiving
bloomberg.com
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"Just because there are system challenges, doesn't mean that [#childcare] providers themselves are challenging borrowers or grantees." - Bevin Parker-Cerkez As part of the President's Month of Action on Care, our very own Bevin Parker-Cerkez joined The White House Gender Policy Council and Domestic Policy Council and U.S. Department of the Treasury to discuss the financial + operational challenges child care providers face as well as potential solutions, including opportunities to collaborate with CDFIs. Watch the panel here: https://lnkd.in/dvsjzHzb
Treasury Convening on Child Care
https://www.youtube.com/
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"The North accounts for 28% of the child population, but 36% of the children in care." This was stated in an analysis done by the Child of the North All-Party Parliamentary Group (APPG). https://lnkd.in/eRjrShYg These statistics highlight the social inequalities that greatly impact whether a child enters into care and the strain on local authorities experiencing these increases in demand. "Putting this into perspective, if the North had experienced the same care entry rates as the South between 2019 and 2023, it would have saved at least £25 billion in lifetime social costs of children in care." Our social care experts understand that the needs of local authorities differ from county to county and as a result develop tailored plans to help solve complex challenges and reduce costs. Our sustainable programmes are created with industry best practice in mind, including understanding the importance of preventative care and breaking the cycle. Learn more about how Attenti can help you by getting in touch with Ryan Day at Ryan.Day@attenti-consulting.co.uk #uksocialcare #childrenscare #childrensocialcare
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2024 LinkedIn Top Voice | Working Mom | Popular Public Speaker | Two-Time National Award Winner | Advocate For Women In Leadership | Chief Chaos Coordinator
This is a reality. There is a shortage of child care availability making it harder to obtain adequate resources for working parents. And if you are able to find child care, it’s likely you struggle to make ends meet with the growing costs. There has to be a better solution. Last night, over 13,000 moms, advocates, and allies raised their voices to address the growing child care crisis ahead of the presidential debate. We need to hear plans for: 💰 Lowering child care costs 🫂 Making child care more accessible 🧃 Ensuring child care facilities can keep their doors open and pay their staff fairly, so they can continue providing the essential care needed by parents across the country Together, let's collectively work to inspire change. 👏🏼 #WorkingParents #Change #Politics #debate #childcare #election
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The purpose of the inaugural 2023 Mothers Overcome More™ (M.O.M.™) report, jointly issued by the University of Phoenix Career Institute and Motherly, is “to identify the holistic needs of lower-income mothers and inform solutions that support their path to self-sufficiency.” The principal findings of the study include that 51% of working lower-income mothers found the income that they earn from their current job is insufficient to meet their basic needs. Considering that in 2021, there were 24.2 million mothers in the U.S. labor force with young children, this paints a stark picture of systemic failure affecting a significant portion of our population. While the issues at hand are undoubtedly complex and multifaceted, let's zero in on three key agenda items that could help alleviate this pressing issue: Federal Paid Family and Medical Leave Act: Providing a safety net for mothers to take time off work to care for their families without sacrificing financial stability. Federal Law Ensuring Abortion Access: Recognizing abortion as an essential component of healthcare and ensuring access for all women, regardless of their socioeconomic status. Improved Access to Affordable Child and Elder-Care: Creating pathways for working mothers to access high-quality care for their children and elderly family members without facing exorbitant costs. #work #paidleave #childcare
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"We know inadequate child care is an economic issue, costing states, families and businesses billions of dollars every year. We know it’s a gender issue that contributes to a widening pay gap. We know it’s a policy issue, made worse by the absences of a federal pre-K program and a federal paid-leave policy. But here is another critical consideration worth pushing for: Our country’s inadequate child care system is also a health care issue." Don't miss @Molly Dickens PhD and Lucy Hutner's important piece on the impact of child care-related stress on the health and well-being of parents. https://nyti.ms/47FoMv1
Opinion | What the Child Care Crisis Does to Parents
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On National Working Parent’s Day, it’s important to recognize how essential child-care funding is. With over 70,000 child-care programs at risk of closing, $24 billion in government aid is set to run out by the end of September. The consequences could be dire, including families struggling to afford child care and women leaving the workforce. In a recent survey conducted by ParentsTogether Foundation, involving 215 parents with children under the age of 5, 59% reported that they or someone in their household had to reduce their work hours or even quit their job because they were unable to find affordable and dependable child care. Women have made significant progress in the workforce and if action is not taken to address the ongoing challenges they face, this progress may be jeopardized. We must recognize the critical role of child care in supporting working parents and sustaining labor force gains. Check out this article by Reade Pickert and Kelsey Butler to learn more: https://lnkd.in/ghzVcgqP #Workingparents #workingmothers #childcare
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#WorkforceWednesdays Statewide, child care is predominantly staffed by people of color. Low wages in this sector contribute to ongoing racial wage gaps. 💰 Learn more about how compensation affects childhood educators through our landing page: https://lnkd.in/g38bH6gp. #EarlyCareAndEducation #WhatTeachersAreEarning #CompensationHighlights
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