Navigating childcare for better business outcomes
Childcare is an economic issue, and addressing it requires a multi-faceted approach. That’s the crux of the new Business Navigator program in New York State, aimed at helping employers recruit and retain employees who have childcare needs. Nationwide, infant and toddler childcare cost $122 billion in lost earnings, productivity, and revenue in 2023 according to a survey by ReadyNation. Families lost $78 billion in earnings because they could not find childcare. Locally, we know there are numerous businesses looking to hire workers, and childcare may be a barrier for many potential ...