The Critical Link between Child Care and Economic Development

The Critical Link between Child Care and Economic Development

COVID-19 has had a devastating impact on the child care industry. Rob Grunewald, an economist with the Federal Reserve Bank in Minneapolis and Brittany Birken, a principal adviser in the community and economic development group at the Federal Reserve Bank in Atlanta, join with CED's Cindy Cisneros, Vice President of Education Programs, and Grace Reef, Senior Early Learning Consultant, to discuss the impact of COVID-19 on the child care industry and why access to child care matters for economic recovery.

Guests: Rob Grunewald and Brittany Birken.

Resources:

Financial assistance for child care providers: Key considerations during COVID-19—A framework for child care policy choices in light of the coronavirus pandemic (Federal Reserve Bank of Minneapolis, Rob Grunewald, Ben Horowitz, and Ryan Nunn, September 2020)

Briefing on Childcare Funding and Policy Considerations in Response to COVID-19 (Federal Reserve System, Community and Economic Development Childcare Work Group, August 2020)

Dollars and Sense: Affordability of Childcare (Federal Reserve Bank of Atlanta, Brittany Birken, June 2020)

How a COVID-19 10-person group limit affects Minnesota's child care providers—An analysis of the impact that a pandemic-related 10-person group limit has on Minnesota child care providers' revenues and costs (Federal Reserve Bank of Minneapolis, Rob Grunewald, June 2020)

COVID-19 challenges the child care market—Just as the COVID-19 pandemic reveals how critical child care is to essential workers, the crisis is creating additional stresses for child care providers (Federal Reserve Bank of Minneapolis, Rob Grunewald, April 2020)

Child Care in State Economies—2019 Update (Committee for Economic Development, January 2019)

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