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Parents, trapped: Lack of child care could undermine economic recovery and hurt women, but the solution is expensive
Sunday, July 12th, 2020
In normal times, daycare is much like a throttle for the engine of the economy. Increase the supply of spaces, and more women are able to work. Productivity rises, household incomes grow and consumer spending ticks up.
But the coronavirus threatens to throw that dynamic into reverse. A mass exodus of women from the work force would be unprecedented in recent decades… an enormous chunk of economic activity is at risk
Tags: budget, child care, economy, Health, jurisdiction, participation, standard of living, women
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