Census Pulse Survey in May, about 7.6 million adults had someone in their household who took paid or unpaid leave, left their job, lost their job, or did not look for a job in the last month because child care arrangements remain disrupted due to the pandemic-three in four of whom were women and half of whom were women of color. And, this problem is most acute for single mothers.Īccording to the latest U.S. For some parents there is no choice but to find outside care if they want or need to work: as found in a recent analysis, one in five workers live in households with a child under 14, but do not live with a non-working adult who could potentially serve as a caregiver. Indeed, many parents-particularly mothers- report that they work fewer hours than they would prefer or need to in order to care for their young children.
In part, lack of high-quality, affordable child care can make it logistically difficult for parents to work. And, many parents need support to be able to return to work or continue working so they can provide economic security for their families. And, financial hardship has long-term consequences for the healthy development of children.įamilies need economic relief. Black and brown families and women are disproportionately feeling the strain of the pandemic. One in five renters living with children reported that they are not caught up on rent.
One in eight adults living with children report their household doesn’t have enough food to eat. Census Pulse survey in May, one third of all adults with children are struggling to pay their usual expenses like food, rent, health care, and transportation. More than one-half of the lost jobs-nearly 4.2 million-were once held by women, and 1.8 million women remain out of the labor force.Īnd, the pandemic has exacerbated many families’ distress. Women were also particularly hard hit by the pandemic. But, our economy remains about 7.6 million jobs below its pre-pandemic level, and labor force participation remains more than 1 percentage point below its pre-pandemic level. And, in the first four months of the Biden administration, more than 2 million jobs were created-an average of 540,000 jobs a month. We are experiencing a record-setting economic recovery, with historic growth in employment and wages. While the American Rescue Plan is providing historic investments to confront the effects of the pandemic and help provide immediate relief from COVID-19, President Biden is calling to extend historic tax relief for working families and increase high quality child care and available paid family and medical leave through the American Families Plan and American Jobs plan.įamilies need support to power an equitable economic recovery and to support healthy development for children who most need it And, they will do all of this while investing in the future of the nation’s children. They will also help defray the costs of child care, provide more child care options, and support return to work for those who have lost their jobs or income - especially mothers. These measures will help parents by helping them with the costs of raising children – measures that experts project could contribute to cutting child poverty in half. Critically, as part of Child Tax Credit Awareness Day, the administration will encourage elected officials, organizations that fight for children, and faith-based organizations, to help low-income families-who may have such low-incomes that they are not required to file taxes-to use a new, easy Child Tax Credit sign-up tool to help give their children a lifeline out of poverty. And, the administration is releasing guidance for three elements of the American Rescue Plan that will support families, including: $15 billion for the Child Care and Development Block Grant, an historic expansion of the Child and Dependent Care Tax Credit, and six months of extended support for small and midsize employers offering paid sick and family leave in response to the pandemic through the Paid Leave Tax Credit. Today, the Biden-Harris administration is announcing Child Tax Credit Awareness Day on Monday, June 21st to ensure parents know about the American Rescue Plan’s historic expansion of the Child Tax Credit and how it will benefit their families. President Biden’s American Rescue Plan included historic investments to support low- and middle-income parents – who have long faced increasing financial strain, worsened by the pandemic.
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