How Childcare Impacts the State’s Economy and Shapes Florida’s Workforce
A Florida TaxWatch Briefing
Childcare Impacts on Workforce Participation
The economic importance of early childhood education extends far beyond the direct development benefits for children and the associated long-term outcomes. Having sufficient access to quality childcare provides an added, more immediate benefit to working parents who oftentimes must weigh caregiving responsibilities with maintaining a job. Early learning opportunities thereby support workforce participation and advancement, strengthening the overall economy. At the same time, however, childcare challenges can form a prohibitive barrier to parents seeking to stay engaged in the workforce when there is an insufficient supply of affordable or quality childcare options. Read more…