With the U.S. economy finally getting back on track, a report says child care ranks up there with retail and tourism as a boon to economic development.
While building roads and easing credit for businesses have been seen as classic ways to bolster the economy, spending on child care often was left off the list, even though evidence showed it offered long-term benefits, according to “Child Care Multipliers: Stimulus for the States.”Investments in child care, however, spread quickly throughout a regional economy, the report suggests, not only by creating new jobs, but by spurring providers to buy more stuff, creating wages that employees then spend in the economy and in other ways.
On average, for each new dollar spent in the child care sector, the broader statewide economic impact is two dollars. For each new job created in the child care sector, the broader statewide impact is 1 ½ jobs. -- “Child Care Multipliers.”
The report looks at multipliers in economic development, or how $1 invested in one industry or company can generate greater returns. And it turns out quality child care boosts these economic multipliers.
In states with policies that promote quality child care, we find higher child care multipliers, suggesting that quality is associated with higher levels of regional spending by child care providers and workers.
All of this analysis is designed partly to show why the Obama administration put billions of dollars for early learning in last year’s economic stimulus package, and why it makes sense to spend it on the sector.
The relative rank and size of this economic linkage calls for greater economic development attention to be given to the child care sector. This, in addition to the sector’s importance as social infrastructure supporting parent workers and human development of the future workforce, makes it a worthy target for economic stimulus and development policy.
Playground Jail? On a New York City playground, a structure had a play jail door, EarlyStories reports.
For reasons that are eluding and mystifying New Yorkers, the playground in a Brooklyn housing project contained a fake prison door, marked JAIL in bright colors, much to the chagrin of parents who live nearby and spend their lives trying to keep their kids in school and out of jail. The playground sat square in the middle of a housing project known for gang activity and violence. – “Playground as prison: What message is sent?” EarlyStories, 3/25/10.
(Apparently, the jail sign has been painted over, the news site reports. Check out the whole story.)