Today’s Jobs Numbers in Context
The US economy added 372,000 jobs in June, signaling continued strong growth.
“Not only is the job number fantastic for our ‘are we in a recession?’ moment, it's great for basically any month period,” Roosevelt’s Mike Konczal tweeted.
“To put how good 372,000 new jobs are in context, it's higher (as a percent of employment) than 79 percent of monthly job numbers since 1980.”
However, childcare shortages are still limiting many women’s ability to work, hurting their careers and the economy as they cut back on work or forgo jobs to balance care responsibilities.
What can policymakers do to address the childcare crisis? A lot—starting with supply-side investments in the childcare industry.
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