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The infant-toddler child care crisis exacts a heavy economic toll nationwide: What's the impact in your state?

Description:

ReadyNation’s new study examining the economic impacts of the nation’s infant-and-toddler child care crisis on working parents, employers, and taxpayers found an annual cost of $122 billion in lost earnings, productivity, and revenue. This figure means that this economic damage has more than doubled in the past four years, likely due to a combination of COVID-19 and insufficient policy action. Using data on the proportion of the US Gross Domestic Product (GDP) and population each state represents, ReadyNation derived an estimate of the economic impact of the infant-and-toddler child care crisis in each state. (author abstract)

Resource Type:
Interactive Tools
Author(s):
Country:
United States
State(s)/Territories/Tribal Nation(s):
Illinois; Maine; Maryland; Mississippi; Pennsylvania; South Dakota; Texas

Related resources include summaries, versions, measures (instruments), or other resources in which the current document plays a part. Research products funded by the Office of Planning, Research, and Evaluation are related to their project records.

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