Study Illustrates 'Dramatic' Impact of Childcare

Posted: Updated:
INDIANAPOLIS -

Early Learning Indiana Chief Executive Officer Maureen Weber says a new study demonstrates the "dramatic" economic impact workforce disruptions related to childcare have on the state's economy. The research, conducted in partnership with the Indiana University Public Policy Institute, shows a lack of access to childcare costs employers $1.8 billion. The effects, Weber says, extend to communities of all sizes.

In an interview on Inside INdiana Business with Gerry Dick, Weber described the "two-generational impact" access to childcare -- including pre-kindergarten -- has on Hoosiers. Boosting access, she adds, "can secure our future, while also helping to improve our status quo and getting more workers on the field." Weber says when children receive quality education early, they reap the rewards in the form of higher academic achievement and an increase in their eventual value in the workforce. Because of this, Weber says the business community is invested in the work of her organization.

During the upcoming legislative session, Weber says she and other leaders will continue to seek expansion of the statewide "On My Way Pre-K" program that is still in a pilot stage, offering subsidized pre-kindergarten for Hoosier families with low incomes. She is also hoping that more business stakeholders come forward to support more availability for the program.

You can connect to more about the study by clicking here.

  • Perspectives

    • Circling Back on WeWork

      Back in July when we first discussed WeWork, this fast-growing but money-losing venture was one of the most talked-about IPOs in years. At that time, we noted that it was too early to say what would happen, but “it should be very interesting to watch it all play out.” Turns out, that was a massive understatement!

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • (IIB Photo/Alex Brown)

      India Wants to Partner with Indiana on Sports

      Indiana Secretary of Commerce Jim Schellinger says a recent trade trip to India included a rare meeting that produced some interesting results.  Schellinger and Governor Eric Holcomb were granted an audience with Indian Prime Minister Narendra Modi.  “We were taken aback at how well he knew Indiana,” said Schellinger. “He knew our (economic) background, our educational background, our history of sports statewide,” said Schellinger, who added...

    • (Image courtesy of Indiana State University)

      ISU 'Dreams' of Major Sports Facilities Improvement

      When Indiana State University developed a master plan for its campus, it didn’t include sports and athletic facilities. That’s about to change.  The university this week revealed a major plan for their sports facilities, according to a report from The Tribune Star of Terre Haute. 

    • Circling Back on WeWork

      Back in July when we first discussed WeWork, this fast-growing but money-losing venture was one of the most talked-about IPOs in years. At that time, we noted that it was too early to say what would happen, but “it should be very interesting to watch it all play out.” Turns out, that was a massive understatement!

    • (Image Courtesy: Purdue Agricultural Communication)

      Slow Harvest in Indiana, Mixed Yield Estimates

      As fall harvest rolls along across the Corn Belt, the U.S. Department of Agriculture has updated its predictions of the size of the nation’s corn and soybean crops. In Indiana, the data shows the state’s corn yield has improved, while soybeans dropped over the past month. 

    • Lauren Petersen and Johna Norton

      United Way Names New Board Members

      United Way of Central Indiana has elected Lauren Petersen (pictured) and Johna Norton (pictured) its newest board members. Petersen currently serves as TechPoint’s senior director of relationship management. She graduated summa cum laude from Ball State University in 2011 where she earned a bachelor’s degree in urban planning and development. Norton serves senior vice president, Global Quality for Eli Lilly and Co.