Employment is important in the economic development of the nation. Therefore, everyone should participate in this endeavour. However, women with young children find it hard to participate in the formal employment sector as they are thwarted with childcare.
Those who try to seek childcare services find it hard as the fees are skyrocketed. Thanks to the childcare subsidies, most nations provide for low-income earners.
Childcare fees parents pay to childcare institutions like family daycare or the daycare centres differ depending on the age of your child and from nation to nation. With the subsidy in place, you can now comfortably seek employment to contribute the economic development. The following are reasons why you should impress childcare subsidies should be enforced.
Childcare Subsidy Increase Employment Among Low-income Parents
The leading reason for childcare subsidy it to see more low-income families access the employment opportunities. This is mainly for families receiving Temporary Assistance for underprivileged families. This child care subsidy comes from the state-federal governments.
The money is channelled to the child care providers while the parents pay a supplementary fee to the institutes. Illinois state caters to more than 160,000 children who benefit from the federal government childcare subsidy.
It Improves the Economy of The Nation
With the subsidy, more women have joined the workforce hence boosting the country’s GDP. Poor and single parents find it easy to fend for their families, therefore, reducing the general poverty level in the nation.
Retains Parents’ Employment
The study also reveals that subsidies contribute to parents’ ability to retain employment in the long term by reducing disruptions to work, enabling stable work schedules. The study indicated that with the subsidy, more women moved from needy groups to a more independent one.
It Encourages Parents to Invest in Their Potential
When parents with young children find it affordable to take their children to childcare facilities, they can engage in development activities. Some of them invest in education, while others find enough time to participate in job-training activities.
According to the study, single women with young children participate in work activates like education and training provided they follow the eligibility conditions. This subsidy aims to help low-income families become economically self-sufficient in the future.
The Subsidy Plus Employment Empowers Low-Income Families Economically
Since childcare fee is prohibitive owing to the activity’s caregivers engage in, more parent found it unaffordable hence could not participate in economic activities. With help like this subsidy, employed parents can use the money otherwise used in the payment of childcare fees to improve their living standards. Therefore, the co-payment of childcare fees helps you to invest in income-generating activates hence move from needy to self- sufficient families.
It Improves the Welfare of Children
While in daycare care facilities, children participate in several educational activities. Some like numberwork, the alphabet, and environmental lessons sharpen your child’s brain. Physical activities will improve your child’s physique as compared to when you babysit at home.
With improved living standards at home, you can easily cater to the needs of your children, like proper nutrition and Medicare. The children also develop a sense of being and self-motivation.
As a single and low-income parent, you should substantially participate in income-generating activities. If the cost of childcare is prohibitive, consider applying for a child care subsidy in your state. From the study, this subsidy will enable you to invest in education and follow the profession of your dream.
You can also seek employment as you can now afford a daycare fee. Another importance is that you improve your general living standard hence move from low-income earner to a dependent parent.
More Childcare Info