The Insight Center for Community Economic Development has written a new report on the economic impact of investments in early care and education in North Carolina. Among the findings:
- Early care and education (ECE) programs in North Carolina generate $1.7 billion in revenue annually and provides more than 49,600 full-time equivalent jobs;
- Provide safe learning environments for some of the 445,000 young children whose parents are all in the workforce. 59 percent of children ages five or younger have all parents working;
- There are 380,000 workers in North Carolina who are parents of children between the ages of birth and five, and live in households where all parents work. Together these parents earn almost $12.5 billion every year.
- Nationally, more than one fifth of all unscheduled absences from work are due to family issues, costing businesses money and productivity. Absences due to family issues cost the North Carolina economy
about $2.75 billion annually. - In North Carolina, ECE generates a higher amount of receipts than custom computer programming services, outpatient care centers, and textile product mills, among others.
- Early care and education employs more people than chemical manufacturing, nursing care facilities, or warehouse clubs and superstores.
- The effects of early care and education ripple through the economy, creating an additional 12,580 jobs and $1.43 billion in economic activity, generated by early care and education businesses and workers making local purchases, thus further boosting North Carolina’s economy.






