CNBC June 8, 2024
Key Points
– During the Covid-19 pandemic, child care took center stage as day cares shuttered, schools went remote and parents attempted to juggle their children with their jobs.
– A shortage of workers and available slots for children has weighed on the sector since.
– The nation’s infant-toddler child care crisis costs the U.S. an estimated $122 billion in lost earnings, productivity and revenue every year, according to projections from advocacy group ReadyNation.
The Covid-19 pandemic brought to the surface both cracks and resilience in the American economy, with child care taking center stage as day cares shuttered, schools went remote and parents attempted to juggle their children with their jobs.
While employment in the child care sector has...
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