Study: Pandemic Magnifies Employee Child Care Needs
The Connecticut Early Childhood Funder Collaborative, of which the Esther A. & Joseph Klingenstein Fund is a member, has funded a study illustrating the impact of employee childcare needs on businesses and economic growth.
Robert Wechsler, a partner at Social Venture Partners Connecticut, reports that “employees believe childcare issues affect their productivity even more than their employers realize.” Connecticut reported a lack of nearly 50,000 spaces for children in childcare facilities in February 2020, just before the COVID-19 pandemic hit. Studies document how the lack of childcare is leading to workers, particularly women, withdrawing from the workforce and its detrimental effects on businesses and economic growth.
Read the full article for more on the study and its findings.