Childcare and the Economy

Over 10 million Americans are out of work andFamilies rely on childcare when they are at work,
another 6.7 million are working part-time.With thisbut it is also a great social outlet for children who
year's economy forcing parents to cut back,look forward to it every day. But today, more
experts believe it is a good time to teach childrenand more families are being forced to drop out of
about one of life's challenges - learning how to livechildcare, due to the economy. This trend signals
moderately.difficult times for families.
"What did you get for Christmas?" This is one ofThe National Association of Child Care Resource &
the first questions that a child asks his friendsParent Referral Agencies says day care costs
when they return to school after the holidays.nationwide can run from $3,380 to $10,787 a
With this year's economy forcing parents to cutyear for just one preschool-age child.
back, experts believe it is a good time to teachSome other interesting statistics on the current
children about some of life's challenges.economy and its impact on children include:
Children's psychologists agree that it is moreApx.11 million children under age 5 spend a portion
important to be together during the holidays thanof their day, every week, in the care of someone
to simply buy gifts because the love children feelother than Mom.
from the attention you give them will last longer-A child of a working mom spends about 36
than any present. And when we teach ourhours a week in childcare.
children the value of giving to others, it gives theWith the current economic crisis, quality child care
holidays new meaning.is even more important to the healthy
Many parents are also going to have to makedevelopment of each child. Many low income
some difficult decisions about the cost of childcarefamilies know that child care is the only place that
because they simply cannot afford it anymore. Intheir children receive a nutritious meal and snack.
order to qualify for childcare assistance throughParents must unders that when it comes to
the Department of Social Services, a personchildcare, each state has a star rating system.
must be working.The more stars required, the higher educated
Over 10 million Americans are out of work andchildcare employees must be in order to meet
another 6.7 million Americans are workingthe standards.
part-time. More than 7 million Americans areOne way to cut costs without sacrificing is to
working part-time. As parents lose employment,seek lower cost, in-home childcare. And
as their hours are cutback, they are taking theirremember that once a child hits school age the
children out of organized child care and makingworking parent would regain that income.
due with whatever affordable situation they canMaybe the growing economic stress will demand
find. One problem: families with no resources forthat businesses find ways to be more family
childcare are turning to young family members tofriendly and find ways to work parents who have
care of their younger siblings.young children.