The Business Case For High-Quality Childcare

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By Stephen Waguespack

On October 18th, the Louisiana Association of Business and Industry (LABI) and the U.S. Chamber of Commerce Foundation co-sponsored an event in Baton Rouge to release the Foundation’s new report, “Workforce of Today, Workforce of Tomorrow: The Business Case for High-Quality Childcare.” At the event, early learning experts, business representatives, education officials and legislators all stressed the critical need for quality early learning opportunities and access to safe, affordable childcare.

Today, a majority of children live in homes where both parents work. Access to affordable, highquality childcare is all too often an elusive necessity. Lack of reliable childcare leads to absenteeism, job turnover, and loss of productivity at work. Businesses that support childcare are more able to attract and retain workers. A survey by the Early Care & Learning Council found that when companies provide childcare, employee absences decrease by up to 30 percent and job turnover declines by as much as 60 percent. A recent survey in Louisiana found that one in six respondents left a job due to childcare issues, and one in 13 were terminated from a job due to recurring childcare issues.


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