Childcare gaps drive parents out of the workforce, reduce tax revenue for the state, and put undue strain on Michigan households — particularly among the most economically vulnerable. Michigan ranks 39th in labor force participation, and research indicates many parents may not be able to continue working without adequate, affordable childcare options. According to the U.S. Chamber of Commerce’s Untapped Potential report, childcare issues result in an estimated $2.88B annual loss for Michigan’s economy. Michigan misses an estimated $575M annually in tax revenue due to childcare issues and $2.3B in childcare-related employee turnover and absenteeism costs. As a result of childcare-related reasons, Michigan parents of young children indicated:
Missed Work or Class
Experienced Employment Changes
Left a Job
Supporting employees with childcare needs is not only a moral imperative but also a smart business strategy. By offering flexible working arrangements, on-site or subsidized childcare facilities, employee assistance programs, childcare subsidies and reimbursements, employers can create a supportive and inclusive work environment that values and respects the needs of working parents. Ultimately, by prioritizing the well-being and work-life balance of their employees, companies can foster a positive organizational culture, enhance employee satisfaction and retention, and drive long-term success.