National Child Care Innovation Summit: Tackling America's Top Workforce and Economic Crisis

On June 27, the inaugural National Child Care Innovation Summit united 300+ leaders from business, government, and childcare sectors. This groundbreaking event, co-hosted by the U.S. Chamber of Commerce, the U.S. Chamber of Commerce Foundation, and the U.S. Department of Commerce, tackled childcare challenges, showcased innovative solutions, and mobilized private and public sector partnerships for childcare infrastructure.

Explore key insights and actions from the National Child Care Innovation Summit below. 

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1/18The National Child Care Innovation Summit brought together leaders from the public and private sectors to share best practices and innovate scalable solutions to America's childcare crisis.

2/18Michael Carney, president of U.S. Chamber of Commerce Foundation, delivers opening remarks at the National Child Care Innovation Summit.

3/18U.S. Commerce Secretary Gina Raimondo leads a conversation spotlighting states driving childcare reforms with Govs. Maura Healey of Massachusetts, Eric Holcomb of Indiana and Jared Polis of Colorado at the National Child Care Innovation Summit at the U.S. Chamber of Commerce headquarters in Washington, D.C.

4/18Summit attendees discuss emerging solutions between sessions at the National Child Care Innovation Summit.

5/18Suzanne Clark, president and CEO of U.S. Chamber of Commerce, delivers a keynote on the power of public-private partnerships at the National Child Care Innovation Summit.

6/18Heather Conroy of SEIU, Kelsey Clark of Boston Consulting Group, Dr. Kirabo Jackson of the Council of Economic Advisers and Susan Perry of Child Care Aware of America participate in the panel "From Crisis to Opportunity: The Economic Case for Child Care," moderated by Neil Bradley of the U.S. Chamber of Commerce at the National Child Care Innovation Summit.

7/18U.S. Commerce Secretary Gina Raimondo addresses attendees at the National Child Care Innovation Summit.

8/18Attendees enjoyed a coffee lounge courtesy of First Five Years Fund and Red Rooster Coffee.

9/18Corporate leaders Manish Bhatia of Micron Technology, Nando Cesarone of UPS, John Fish of Suffolk and Josh Silverman of Etsy discuss the critical role of employers in childcare with U.S. Commerce Secretary Gina Raimondo at the National Child Care Innovation Summit.

10/18The Wall Street Journal's Harriet Torry moderates a panel celebrating small business care champions with Adam Alson of Appleseed Childhood Education and Haden Polseno-Hensley of Red Rooster Coffee at the National Child Care Innovation Summit.

11/18House Democratic Whip Katherine Clark of Massachusetts delivers remarks at the National Child Care Innovation Summit.

12/18L-R: Anne Marie Robley of Imagine Early Learning Centers, Ai-jen Poo of the National Domestic Workers Alliance, Erica Phillips of the National Association for Family Child Care and Cynthia Davis of Kings & Queens 24/7 Child Care Center discuss the childcare supply crisis during "On the Frontline" panel led by the National Association for the Education of Young Children's Michelle Kang.

13/18Charles Aull (R) of the Kentucky Chamber of Commerce moderates a conversation on public-private policy case studies with (L-R) Candice Vickers of Family Forward Oregon, Cheryl Bergman of Michigan's Women's Commission, Sheri Penney of Iowa Women's Foundation and Aly Richards of Let's Grow Kids at the National Child Care Innovation Summit.

14/18Sara DeWitt of PBS Kids (R) moderates a discussion on funding futures through philanthropy efforts with (L-R) Rip Rapson of the Kresge Foundation, Nancy Lindborg of The David and Lucile Packard Foundation, Lisa Hamilton of The Annie E. Casey Foundation, Jessie Rasmussen of the Buffett Early Childhood Fund, and Carla Thompson of the W.K. Kellogg Foundation at the National Child Care Innovation Summit.

15/18L-R: Louise Stoney of Opportunities Exchange, Nicole Riehl of Executives Partnering to Invest in Children (EPIC) and Aaron Merchen of the Chamber Foundation share perspectives on finding childcare resource partners in conversation with Liat Krawczyk of the U.S. Department of Commerce at the National Child Care Innovation Summit in Washington.

16/18Programming included special keynotes from leaders across sectors including Pivotal Ventures' Melinda French Gates.

17/18Lael Brainard, White House national economic advisor, delivers closing remarks at the National Child Care Innovation Summit.

18/18Liat Krawczyk, senior advisor at U.S. Department of Commerce, and Caitlin Codella-Low, vice president at U.S. Chamber of Commerce Foundation, close the 2024 National Childcare Innovation Summit.

• Childcare is an economic and workforce issue.  Accessible and affordable childcare leads to a strong workforce which in turn supports a strong economy
• Public-private partnerships are key to dismantling the childcare crisis. These collaborations unite resources and expertise to create innovative, sustainable solutions for families, businesses, and communities alike.
• Childcare is infrastructure. It must be affordable and accessible to ensure a functioning and thriving economy and labor market in the future. “When we are investing in childcare, we are investing the productivity of our workers of the future,” said Bo Jackson, member of the Council of Economic Advisers
• The numbers tell our childcare story clearly. From billions lost in economic activity across the country to losses in household economies, childcare impacts many facets of American life. Read below for a snapshot of our story by the numbers.
• It’s up to all of us to define success and there’s no better time to start than now. There is no one-size-fits-all solution to this crisis. Every community has different needs.  As a society and nation, we have to start somewhere.

“Childcare is not only a social issue or a 'women's issue.' It is also an economic issue. In fact, it’s one of the most critical economic issues affecting families, businesses, and communities today.”

-  U.S. Commerce Secretary Gina Raimondo

America’s Childcare Story: By the Numbers

The Summit was driven by the insights and power of data in advocating for change and collaboration. As we search for solutions to improve the next chapter, here’s what our story currently tells:

• Our economy loses more than $120 billion each year due to a lack of adequate childcare, contributing to the growing workforce shortage.
• States lose on average $1 billion dollars in economic activity every year.
• 58% of parents reported leaving work because they were unable to find childcare solutions.
• Women represent 47% of all U.S. employees and are integral to our modern workforce; however, 32% of women cited the need to be at home to care for family members as a barrier to returning from work.
• The number of childcare providers plummeted more than 30%, disproportionately affecting women and women of color.
• On average, childcare costs can range from $10,000 to $15,000 per year per child, which in most states is higher than state tuition for public college.

Learn more about the impact of childcare on America’s labor shortage in a new data deep dive from the U.S. Chamber of Commerce.

“By being able to make sure that children are being well taken care of, that they are getting education in these childcare environments, they are going to be more productive in the future in terms of contributing to economic growth of the country 10 years, 20 years from now.”

-  Manish Bhatia, Executive Vice President, Global Operations, Micron Technology

Thank You to Our Participants and Sponsors

Thank you to all who joined this historic occasion, marking the start and continuation of such a vital conversation for our country and economy. Thank you to our event sponsors that helped us carry out the critical mission and vision of the National Child Care Innovation Summit and a special thank you to our U.S. Chamber Foundation reception sponsors.

The National Child Care Innovation Summit was just a starting point of the collaboration. The success of our economy has always stood on the back of innovation through collaboration. Our economy and workforce thrive when we tap into the combined strength of public and private partnerships. It's on us to back these partnerships as they tackle big issues like making childcare more accessible. By doing this, we are not just solving problems – we are keeping our economy robust and setting ourselves up for long-term success.

When we choose to invest in accessible, quality, and affordable childcare, we are not only investing in children, families, communities, workforce, and our economy; we are choosing to invest in strengthening our country and the future generations to come.

Stay tuned for more behind-the-scenes insights from the National Child Care Innovation Summit and the thought leaders shaping the future of childcare.

About the authors

Lu Johns-De La Garza

Lu Johns-De La Garza is a policy and programs intern at the U.S Chamber of Commerce Foundation, supporting the education and workforce portfolio.

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