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Social and economic benefits of good quality childcare and early years education

Discover the social and economic advantages of quality childcare and early years education, including increased women's employment rates, public spending benefits, and long-term educational and social development. Explore OECD figures and analyses from the UK, Denmark, Quebec, and Austria showcasing the positive impact of childcare investments. Learn about the significant job creation and gender equality improvements in the care economy compared to traditional infrastructure investments. Get insights from studies evaluating the impact on educational attainment and social skills, as well as employment success and social integration in the UK and USA. Explore more at EPSU and ITUC websites.

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Social and economic benefits of good quality childcare and early years education

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  1. Social and economic benefits of good quality childcare and early years education Key points from a briefing for EPSU by the Labour Research Department

  2. Helping more women into employment • OECD figures show that even in countries where the women’s employment rate is relatively high (UK, Germany, Czech Republic, Slovakia) there is still a gap of more than 10 percentage points between women with and without children

  3. Public spending on family benefitsPercentage of GDP, 2011, Source: OECD

  4. Economic benefits • UK analysis – nationwide public system of universal and affordable childcare would provide net return to government of more than EUR 6800 per woman (more if there were a greater take up of full-time work) • Danish analysis – highly subsidised, universal childcare and comprehensive parental leave brings return to public finances of EUR 37000 over course of women’s lifetime • Quebec experience – from 2000 heavily subsidised childcare for all 0-4 year olds increased maternal employment rate by 11 percentage points – adding 3.8% to overall women’s employment rate and 1.7% to economic output (Institute for Public Policy Research, 2011)

  5. More women in work more jobs in childcare • Austria – EUR 100 million federal investment would create 14000 childcare jobs, 2300 in related services and between 14000 and 28000 men and women who currently cannot work would be back on the labour market – taxes and other contributions would make this positive for public finances from fifth year onwards(Arbeiterkammer 2013)

  6. Longer term… educational and social development • Range of studies indicating positive impact on educational attainment and development of social skills as well as increased success in employment and social integration – mainly in UK and USA, evaluated positively by National Audit Office in UK

  7. Investing in the care economyITUC, 2016 • Investing in care delivers more jobs and reduces gender quality when compared to equivalent investment in infrastructure • Employment effects in 7 OECD countries analysed with care investment delivering on average 1.5% larger increase in employment rate – over 21 million jobs in care compared to 13.4m in construction

  8. http://www.epsu.org/article/social-and-economic-benefits-good-quality-childcare-and-early-years-educationhttp://www.epsu.org/article/social-and-economic-benefits-good-quality-childcare-and-early-years-education • http://www.ituc-csi.org/CareJobs

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