Impact on the Childcare Industry

Hispanic Mother_Daughter with Masks
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Prior to the pandemic, there were approximately 675,000 childcare providers in this country, predominately small businesses, who were already operating on thin margins. The public health crisis of COVID-19 has had a devastating effect on the childcare industry. In the spring of 2020, many childcare providers closed their programs to follow public health guidance, leading to lost revenue for weeks and months at a time. While many providers have now re-opened as states have begun to open up, they are still operating with limited capacity and increased operational costs. Read more about the unique experiences of the providers who are trying to weather this crisis and care for the young children of working parents.

Employer Childcare Assistance Now and Looking Ahead

COVID-19 has changed the business and talent landscape, and employers must re-think childcare assistance, benefits, and accommodations in these unique times. Many working parents are faced with the choice of leaving the workforce, working less hours, or switching employers. This October, the Foundation surveyed employers again to better understand if and how their concerns and challenges may have evolved as the impact of COVID-19 has endured.