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flag South Carolina loses nearly $1 billion annually due to childcare issues, impacting families and businesses.

flag South Carolina's economy is losing nearly $1 billion annually due to families struggling to afford childcare, according to a new report. flag About 25% of families with children under 6 have faced job impacts due to childcare issues, costing businesses $818 million and state tax revenues $179 million. flag The report, entitled "Untapped Potential in South Carolina," calls for addressing childcare as a key workforce issue affecting both current and future generations. flag South Carolina legislators are considering a bipartisan bill to incentivize employers to provide childcare support.

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