Updating the economic impacts of the highscope perry preschool program

Posted by / 18-Jun-2016 21:21

Women are, of course, half of the potential workforce, and each 1 percent boost in the overall workforce increases total national income by 1 percent, or roughly 0 .

One section of this paper will look at trends in women’s labor force participation and provide illustrative calculations of how much an ambitious investment in America’s children could pay off in terms of greater labor force participation and national income. Benefits that stem from the professionalization of the child care workforce Currently, providing early child care in the United States is low-wage work.

And it’s an unfortunate fact of culture, history, and past policy decisions that this curtails women’s labor force opportunities to a much greater degree than men’s.

The benefits of boosting women’s labor force participation through the provision of more and better child care access and affordability are potentially enormous.

And the direct economic benefits of providing such in-kind aid and removing a portion of child development costs from family budgets can be considerable.

Second, it discusses some of the limitations of field experiments and strategies for mitigating them through better design.To put it simply, while crowding more and more children into each room with a caregiver and teacher would normally register in economic statistics as a productivity improvement, this is clearly not a serious strategy for improving early childhood care and development.By providing incentives to boost pay and training for early child care providers, a major investment in America’s children would also lift wages in this key economic sector.This inequality has prevented the fruits of productivity growth from “trickling down” to reach most households—and has undermined the ideal of providing genuinely equal opportunity for all.Ameliorating these two problems should be policymakers’ core focus.

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