Unit 2 Macro: Costly child care hurts economic growth
Access to affordable comprehensive child care and schooling is widely regarded as being crucial to improving the incentives for mothers to actively search for and take paid work. Effective early years education also has a long run positive effect on employment prospects and is important as part of the overall supply-side capacity of the economy.
This Financial Times news video looks at child care pressures in the USA, China and in the UK
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