ERIC Number: ED481226
Record Type: RIE
Publication Date: 2003-Aug
The Child Care Industry: Supporting Jobs and Economic Development in Minneapolis. Report and Recommendations.
Miels, Gayle, Ed.
Once generally perceived as a service for working parents, child care is now recognized as an early education setting where children learn skills and behaviors for life. The child care and early education industry is also a powerful economic force that experienced significant growth in the past three decades in response to family, economic, and policy changes. The child care industry in Minneapolis, Minnesota, generates substantial revenue, creates and supports local jobs, and stimulates significant economic activity that ripples through the city economy. This report examines the economic impact of child care and early education businesses in Minneapolis, focusing on four main areas: (1) jobs and economic development; (2) providing key economic infrastructure; (3) supporting businesses and working parents; and investing in future workforce development. It is noted that because the report draws only on information available on licensed child care and early education providers, the total size and full economic impact of the industry is underrepresented because of the lack of data for informal care arrangements. Among the findings are the following: (1) for every $1 million spent on child care and early education in Minneapolis, child care and early education business spending supports $787,000 of additional economic activity; (2) total earnings for parents using child care and early education in Minneapolis is $224.4 million; and (3) parents who join the labor force with the help of child care and early education assistance earn $1.40 in new income for every $1.00 invested. The report then advocates improvement in the quality of early childhood care and education as an investment in future workforce development, and offers recommendations for strategic investment in early care and education at the business, city, county and state levels. The report concludes by detailing data sources for the report. (Contains 20 endnotes.) (HTH)
Descriptors: Child Care, Child Caregivers, Cost Effectiveness, Early Childhood Education, Economic Impact, Educational Quality, Employed Parents, Labor Supply, Mothers
Greater Minneapolis Day Care Association, 1628 Elliot Avenue South, Minneapolis, MN 55404. Tel: 612-341-1177; Web site: http://www.gmdca.org.
Publication Type: Reports - Descriptive
Education Level: N/A
Authoring Institution: Greater Minneapolis Day Care Association, MN.