The Economic Value of Child Care

The Organisation for Economic Co-operation and Development (OECD) has identified publicly supported child care and early childhood education as critical to a nations wealth and citizen well being.  For every public dollar that is spent on child care, there is a return on the investment that benefits the regional economy.  Economists call this return a “multiplier”.  The multipliers across North American range from 1.6 to 3.25 depending on the region considered.

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Listen to economist Timothy Bartik make the case for preschool as an economic development program.

Categories: News

Posted by Jodie Kehl at 2:43 pm