Lack of affordable child care is hurting parents and the economy

The latest numbers show that women’s labor force participation rate has climbed within one percentage point of its pre-pandemic rate. But women account for all the net labor force decline since February 2020, according to the National Women’s Law Center.

One big obstacle for many women looking to re-enter the workforce is an unreliable child care system, says Marketplace’s senior economics contributor Chris Farrell. But lack of access to affordable, quality child care was already a problem before COVID and has only been made worse by the pandemic.  

Marketplace’s David Brancaccio spoke with Farrell about how our child care system is affecting parents and the larger economy. The following is an edited transcript of their conversation.

David Brancaccio: Given the reporting we’ve done on this, let me hazard a wild guess. Any chance a key part of this gender disparity is the problem of finding child care one…

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