Report: Iowa Economy Loses Nearly $1 Billion Annually From Childcare Shortage

2 Apr 2020


A new report by the U.S. Chamber of Commerce Foundation found the Iowa economy loses close to a billion dollars annually due to childcare issues.

According to the report, the state has one of the highest labor force participation rates in the nation, but the lack of access to affordable child care costs the economy $935 million from lost tax revenue and employee absences.

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