Child Care and Labor Force

Childcare costs are placing a burden  on U.S. families, and this is affecting the nation’s labor force.

The result is an affordability–participation paradox: families cannot afford to work without childcare, yet cannot afford childcare in order to work.

Read more on SBAM.org website https://www.sbam.org/childcare-affordability-causing-a-she-cession/

For employers, rising childcare costs create tangible business challenges: increased absenteeism, lower productivity, and higher turnover, especially among prime-earning women. Ensuring access to affordable care is therefore not just a social concern, it is a strategic workforce imperative, directly influencing talent retention, operational efficiency, and the long-term resilience of the organization’s labor force.