New study shows major benefits from investing in child care

A major new Canadian study on the economics of early learning and child care provides important additional evidence of the benefits of investing in the sector.

The study, funded by the Child Care Human Resources Sector Council (Canada), found that investing in child care provides the greatest economic benefit of all sectors of the Canadian economy:

• Biggest job creator: investing $1 million in childcare would create 40 jobs: at least 43% more jobs than the next highest industry and four times the number of jobs generated by $1 million in construction spending.
• Strong economic stimulus: every dollar invested in childcare increases the economy’s output (GDP)

For more information visit: http://cupe.ca/economics/study-major-benefits-investing-child