And we're making what Wall street would call a good investment. Researchers estimate that every dollar spent on early childcare returns as much as $13. After Quebec began offering universal childcare, the number of women in the workforce with young children grew by 16%. In a city that lost $23 billion in economic activity in 2022 alone because of parents who had to quit their jobs or cut back working hours. (06:51–06:59)
CLAIM
Asserts that Quebec's universal childcare led to a 16% increase in workforce participation among women with young children.
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