A crucial source of emergency funding for US child-care providers is running out
Children at an education and childcare center in Des Moines, Iowa, U.S. , Bloomberg
Bloomberg News reporter Kelsey Butler hosted a LinkedIn audio event discussing what the change could mean for the labor market. Allison Robinson, chief executive officer of recruitment marketplace the Mom Project, Shelley Zalis, CEO of the Female Quotient, which advocates for gender diversity in the workplace, and Bloomberg News reporters Reade Pickert and Ryan Teague Beckwith, who cover economy and politics respectively, participated in the discussion.
Kelsey Butler: Companies are thinking about this differently than they were five or 10 years ago. Allison, what are you hearing from your seat? Shelley Zalis: Child care isn’t a short-term challenge. This is a long-term conversation. We are losing our best leaders to caregiving and we need to retain them. It’s corporations’ responsibility to really think about how we’re going to keep our caregivers. And it’s not just women. It’s men and women — it’s parents. And caring is not just with children, it’s also elderly care. We have to think about this as a really big issue. This is a problem for the economy, for families, for corporations.
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