There are 10 million job openings in the US, but only about 6 million unemployed workers.
"It is clear that a large segment of available workers is choosing to remain out of the workforce," writes Priya Krishnan at Getty.
"One important factor is the need for child care."
In fact, 27% of unemployed workers who lost their jobs during the Covid-19 pandemic said they couldn't return to work due to the need to be home and care for children or other family members, per a survey by the US Chamber of Commerce, and 1.1 million women still haven't returned to the workforce as of early 2022, leaving the women's workplace participation rate at 58%.
"Even when employed, childcare breakdowns create stress for employees that prevents them from being fully present at work, which affects attendance, productivity, and, ultimately, the organization's bottom line," writes Krishnan, who notes her own company, Bright Horizons, has partnered with employers to offer child care as an employee benefit for more than 30 years.
"This business model has served to tackle the major barriers to care cited by working parents," she writes.
"Likewise, employers who operate in remote areas with few child care options can help to solve a major need for their employees by providing access...
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