From the U.S. Chamber of Commerce Foundation:
Due to COVID-19, families now face immense pressure to re-evaluate how to meet their childcare needs. Faced with this burden, families are having to make tough decisions regarding their employment situation. As a result, businesses will surely encounter difficulties with their return to work plans, including recruiting and retaining employees.
In June and July of 2020, the Chamber Foundation surveyed employers from across the country of every size and industry to understand the impact that childcare has on businesses’ ability to return to work.
Prior to the pandemic, the economic impact of childcare breakdowns cost communities, employers, and states significantly. That was when economies were strong and unemployment low. Now, COVID-19 has changed childcare as we knew it and the impact is even greater.
To better understand the impact of COVID-19 on childcare, we are looking at every angle of those affected, including the revised childcare equations of parents, employer solutions, and childcare provider needs and capacity constraints. We’ll be sharing new data accompanied by the stories behind those numbers over the next several months. The childcare challenges are persistent and complex—further complicated by this pandemic.
By understanding the diverse perspectives of those impacted, we can begin to identify solutions to recover together.
Click here to learn more.