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New Survey from the U.S. Chamber of Commerce Foundation finds 40% of employers have offered additional childcare assistance, benefits, or accommodations in response to the effects of COVID-19.
The U.S. Chamber of Commerce Foundation today released a new report, “Piecing Together Solutions: Working Parents, Childcare, and COVID-19,” examining how working parents of children under the age of six are navigating childcare during the coronavirus pandemic. COVID-19 has altered the work environment of nearly 90% of working parents and caused two-thirds to adjust their childcare arrangements.
The U.S. Chamber of Commerce Foundation, with founding partner Vistaprint, has launched the Save Small Business Fund, a grant program to provide assistance to small business owners impacted by the coronavirus pandemic. Funded by contributions from corporate and philanthropic partners, the Foundation will distribute $5,000 grants to small employers in economically vulnerable communities in the United States and its territories.
The U.S. Chamber of Commerce Foundation today released a report examining the impact of childcare issues on Pennsylvania’s state economy. The study found that Pennsylvania loses an estimated $3.47 billion annually for the state’s economy.
The U.S. Chamber of Commerce Foundation today released a report examining the impact of childcare issues on Iowa’s state economy. The study found that Iowa loses an estimated $935 million annually for the state’s economy. This number includes an estimated $153 million annual loss in tax revenue as well as an estimated annual loss to Iowa’s employers of $781 million on absences and employee turnover as a result of childcare breakdowns.
The U.S. Chamber of Commerce Foundation today released a report examining the impact of childcare issues on Mississippi’s state economy. The study found that Mississippi loses an estimated $673 million annually for the state’s economy. This number includes an estimated $120 million annual loss in tax revenue as well as an estimated annual loss to Mississippi employers of $553 million on absences and employee turnover as a result of childcare breakdowns.
The U.S. Chamber of Commerce Foundation today released a report examining the impact of childcare issues on Idaho’s state economy. The study found that Idaho loses an estimated $479 million annually for the state’s economy. This number includes an estimated $65 million annual loss in tax revenue as well as an estimated annual loss to Idaho’s employers of $414 million on absences and employee turnover as a result of childcare breakdowns.
The U.S. Chamber of Commerce Foundation released a new report, “Hiring in the Modern Talent Marketplace.” The report demonstrates that employers and hiring managers are preparing for a world where competencies – not degrees – are the most important factors when filling a job. The findings show that employers are working with higher education to align what is taught in the classroom with the needs of the economy.