North Carolina's child care gaps cost the economy $5.65 billion yearly, hindering job growth.

Lack of child care support in North Carolina is costing the state's economy around $5.65 billion annually and hindering job growth, according to a new report. The study by NC Child and several chamber foundations found that gaps in the child care system lead to hiring challenges for 20% of employers and could prevent up to 68,000 job creations. It recommends enhancing subsidies, piloting cost-sharing programs, and expanding educator salary supplements to improve access to affordable child care.

November 17, 2024
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