The Massachusetts childcare subsidy program is complicated, inefficient and fails the families who need it most, according to a new analysis released Wednesday by the Massachusetts Taxpayers Foundation. The subsidy program provides vouchers for low-income families but is a complex system that…

Overall, the lack of child care options in Massachusetts is costing working families, some of whom are spending 20% to 40% of their annual income on programs. The average cost of child care is more than $20,000 a year in Massachusetts, the most expensive state in the nation, only behind Washington…

Over the last two years, the child care industry has been disproportionately impacted by the pandemic. Child care closures, labor shortages, and changing workforce patterns have upended a system that was already in crisis due to high costs and limited access. To help address these challenges,…

The average cost of child care is more than $20,000 a year in Massachusetts, the most expensive state in the nation, only behind Washington, D.C., and well above the national average of $15,888, according to a recent report from the Massachusetts Taxpayers Foundation.

A new study by the Massachusetts Taxpayers Foundation demonstrates how urgent the situation is. Before accounting for people who left the workforce during the pandemic, working families lose $1.7 billion in wages annually when they miss work or have to reduce hours because they don’t have enough…

The lack of child care options in Massachusetts is costing families, businesses and the state government more than $2.7 billion a year. That’s according to a report from the Massachusetts Taxpayers Foundation, which reports that working families are losing an estimated $1.7 million a year in lost…

Over the past few years the issue of child care has gained momentum in national and state policy discussions. This has been especially true throughout the pandemic, as the public health emergency and economic fallout turned a dire child care situation into a crisis. Due to the increased focus on…

The Massachusetts Taxpayers Foundation is set to release a report on Thursday that outlines the detrimental impacts the childcare shortage is having on the state’s economy. Among the eye-popping stats: Inadequate childcare cost businesses in Massachusetts an estimated $97 million a month last…

The business-backed foundation projected that employers lose nearly $812 million every year due to lost productivity, turnover and replacement costs when workers need to step away to care for their children, in addition to the estimated $1.66 billion in lost wages that families face. And because…

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