
The lack of childcare is a meaningful and real constraint for parental workforce participation
The lack of childcare is a meaningful and real constraint for parental workforce participation: “There were about 58,000 fewer daycare workers in the U.S. last month compared with February 2020.” If, on average, the teacher-to-child ratio is 1:4, that means childcare for almost 250,000 children doesn’t exist, no matter how much you paid for it. […]