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The Economic Impact of Child Care in Milwaukee - UW-Milwaukee - www4 uwm

The Economic Impact of Child Care in Milwaukee - UW-Milwaukee - www4 uwm 2025

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The report titled 'The Economic Impact of Child Care in Milwaukee County' analyzes the significant role of the child-care industry in the local economy. It highlights that the regulated child-care sector generates approximately $203.7 million in gross receipts and supports over 7,200 jobs, making it a major industry comparable to others like hotels and advertising. The study emphasizes the ripple effects of child care on various sectors, contributing an estimated total economic impact of $351 million annually. Additionally, it discusses labor market challenges such as low wages and high turnover rates among child-care workers, while advocating for public investment to enhance quality and accessibility of child care services.

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What are the benefits of quality daycare?

Benefits of Quality Child Care: Impact how children learn, think, develop and behave. Promote social and emotional skills. Encourage curiosity and cultivate a love of learning.

How is early childhood education an economic issue?

The report found that the lack of adequate child care costs businesses $23 billion annually in reduced revenue and extra hiring costs. Insufficient care also costs the broader economy $21 billion in lower income tax and sales tax revenue.

How does providing childcare improve the quality of life in communities?

Community Building Child care centers often serve as hubs for communities. They bring parents and caregivers together, fostering a sense of belonging and creating support networks. These connections can extend beyond the child care facility, leading to stronger and more resilient communities.

What are the positive effects of child care?

Key Findings and Highlights Participating in ECE helps children to develop skills that will benefit them in school and in life. Specifically, research from the United States shows that ECE can help children learn the foundational skills for reading, math, self-control, and positive relationships.

Why is childcare important to society?

High-quality child care keeps children safe and healthy. In addition, it helps children develop skills they will need for success in school and in their lives outside of school: Social, emotional and communication skills. Pre-literacy and basic mathematical skills and concepts.

How does child care impact the economy?

The United States economy loses an estimated $122 billion a year due to child care challenges. On average, businesses lose $1,640 a year for each working parent due to lost revenue and hiring costs because of insufficient child care, totaling $23 billion annually.

How does providing child care improve the quality of life in communities?

Child care centers often serve as hubs for communities. They bring parents and caregivers together, fostering a sense of belonging and creating support networks. These connections can extend beyond the child care facility, leading to stronger and more resilient communities.

What is the impact of child care?

High-quality early learning and child care plays an important role in promoting the social, emotional, physical and cognitive development of young children and can support positive lifelong benefits. Children who have a strong start in life are more likely to be resilient, healthy and engaged learners and citizens.