According to the recently published summary, Economic Impact of the Early Care and Education Industry in Georgia, child care holds a very important part in the state’s economy. Among the many facts and figures presented, the following stand out:
- “…the early care and education industry generated $4.7 billion dollars of economic activity in the state for 2013, putting it on par with industries such as pharmaceutical preparation manufacturing, printing, and health and personal care stores.“
- “Early care and education provides 67,507 jobs in the industry itself and generates an additional 17,454 jobs in other market segments.”
- “Approximately 40% of center-based and family child care home providers indicate that earning enough
income is one of the greatest challenges to their business, underscoring the recession’s lingering effects.”
Follow the link above for the full details of the study.