On September 30th, over 70,000 Pandemic-era child care funded programs ended. In this newsletter we are making you aware of the cuts, how to help out your workers and what the future looks like.
END OF PANDEMIC ERA CHILD CARE FUNDING
"At the 6th annual National Maternal and Infant Health Summit on Sept. 19, advocates, labor professionals and politicians imbued their panels with a sense of urgency.
Not only are working mothers buckling under the lack of structural support in general: The clock is running out on pandemic-era federal child care funding, leaving working parents with sparse benefits options in a lurch.
An estimated 70,000 child care programs are set to shutter on Sept. 30, according to an analysis by The Century Foundation. Through the COVID-19 relief that was the American Rescue Plan Act, President Joe Biden’s administration allocated $39 billion to child care providers." Learn more
WHAT HR NEEDS TO KNOW ABOUT THE "CHILDCARE CLIFF"
"On Sept. 30, federal funding that had been allocated to US childcare providers during the Covid-19 pandemic expired. The end of these funds—which totaled close to $24 billion—is expected to negatively affect both childcare providers and the Americans who have relied on their services.
Some 70,000 childcare programs are expected to close as the US reaches this “childcare cliff,” according to an estimate from The Century Foundation. As a result, it is anticipated that some working parents will cut down on their hours or drop out of the workforce altogether. The cliff poses a threat to gains made by working women during the pandemic; about 70% of mothers with children under the age of five are now in the labor force, five percentage points higher than the decade prior to Covid-19.
Sadie Funk, the director of the Best Place For Working Parents, offered tips for HR pros to support employees likely to be affected by this cutoff." Learn more
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