The Economic Imperative of Affordable Childcare
Bossed Up
The Economic Impact of the US Childcare Crisis
This chapter explores the $122 billion childcare crisis in the US and its detrimental effects on families and businesses, with families losing $78 billion and businesses losing $23 billion.
Raise your hand if being a mom and working away from home has you STRESSED! Most parents would agree: one of the biggest challenges you face in the early years is figuring out how to patch together childcare you can actually afford!
Most parents in the U.S. have felt the impact of our poor childcare economy. Stiff competition for daycare entry, care coverage that doesn’t reflect the average work schedule, and costs that make it almost impossible for parents of littles to return to work at all are just a handful of the impossible choices working parents face.
Meanwhile… businesses today are desperate for talent! So why aren’t we catering to an eager but largely untapped potential workforce: parents of young children?
We need systemic change, and Nicole Riehl is making incredible strides in this arena. Her organization, EPIC, helps businesses address their teams’ childcare needs in a way that benefits their employees, companies, and the economy as a whole.
Explore Nicole’s insights and the innovative solutions that are reshaping how businesses support working parents:
- The major economic impacts of the country’s inadequate childcare infrastructure
- Why affordable, quality childcare is a business imperative
- How childcare improvements align with the future of modern communities
Related Links:
- EPIC’s website - https://www.coloradoepic.org/
- Nicole’s LinkedIn - https://www.linkedin.com/in/nicole-riehl-ab46634/
- Nicole’s Twitter - https://twitter.com/theriehlnicole
- Nicole’s podcast, “The Dropoff” - https://www.coloradoepic.org/podcast
- GenXYZ 2023 - Top 25 Young Professionals - https://www.cobizmag.com/genxyz-2023-top-25-finalists/
- Denver Business Journal - Outstanding Women in Business Award -https://www.bizjournals.com/denver/news/2022/08/19/dbj-2022-outstanding-women-in-business-awards.html
- US Chamber of Commerce Foundation - https://www.uschamberfoundation.org/
- Bipartisan Policy Center - https://bipartisanpolicy.org/
- Council for Strong America - https://www.strongnation.org/articles/2038-122-billion-the-growing-annual-cost-of-the-infant-toddler-child-care-crisis
- Roadmap with The ECE Employer Roadmap - US Chamber of Commerce Foundation - https://www.uschamberfoundation.org/education/ece-employer-roadmap
- Leadership Denver - https://denverleadership.org/leadershipdenver/
- Proposition EE - https://leg.colorado.gov/bills/hb23-1290
- Employer-Based Childcare Design Lab - https://www.coloradoepic.org/wp-content/uploads/2022/04/EPIC-Design-Labs-Flyer-4-28-22-FINAL.pdf
- Ai-Jen Poo’s Care Fest - https://www.carefest.com/event/6b40797d-1bb7-403c-97ca-3ae437a3c87f/summary
- Take Action - advocate for the policy reforms that drive gender equity at work, including access to affordable, quality care: www.bossedup.org/takeaction
- Bossed Up Courage Community - https://www.facebook.com/groups/927776673968737/
- Bossed Up LinkedIn Group - https://www.linkedin.com/groups/7071888/
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