Florida Chamber Foundation: State economy loses $5.4B annually from child care crisis

A majority of parents have recently missed work or class due to child care-related issues.

A new report from the Florida Chamber Foundation shows the state is losing nearly $5.4 billion annually from challenges associated with accessing child care.

The report, part of a national “Untapped Potential in FL” research effort with the National Chamber Foundation, shows child care issues account for $911 million in annual tax revenue losses and $3.47 billion in annual losses related to employee turnover and absenteeism.

“Increases in costs of housing, food and daily necessities have changed the landscape of the U.S. economy  and, by nature,

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