Arkansas money & politics // “ARKANSAS EMPLOYERS, CHAMBERS JOIN FORCES TO TACKLE CHILDCARE CRISIS”

by AMP Staff - February 2, 2024

Original story: https://armoneyandpolitics.com/arkansas-childcare-crisis/

High-quality, affordable child care is just one of the things that makes for a thriving, competitive region. Recently, Excel by Eight launched a statewide coalition of businesses and organizations committed to tackling the child care crisis in Arkansas and its impact on the state’s current and future workforce. Mississippi County Regional Chamber of Commerce is one of the 30 organizations who has come to the table to help discuss potential solutions. Read more about it below.

ARKANSAS EMPLOYERS, CHAMBERS JOIN FORCES TO TACKLE CHILDCARE CRISIS

For the first time on Friday, Jan. 26, a statewide business coalition gathered in Rogers to discuss tackling the childcare crisis in Arkansas. Since 2020, Excel by Eight (E8) has mobilized Arkansas businesses to identify workable solutions that address the three critical elements of the childcare crisis: accessibility, affordability and quality – and its impact on the state’s current and future workforce. The coalition plans to meet quarterly to discuss policy goals ahead of the Arkansas State Legislature’s 2025 general session.

“Quality childcare is essential to a thriving Arkansas economy,” said Angela Duran, Excel by Eight executive director. “Working parents need safe, reliable and affordable childcare to build successful careers, remain contributing members of the workforce and support their families. Business has long been overlooked as a key component of solving the childcare challenges in Arkansas.”

E8’s Business Coalition comprises representatives from more than 30 businesses, nonprofits and chambers of commerce across the state:

• Excel by Eight

• Arkansas Advocates for Children and Families

• Arkansas Business Publishing Group

• Arkansas Community Foundation

• Arkansas Hunger Relief Alliance

• Arkansas Impact Philanthropy

• Arkansas State Chamber / Associated Industries of Arkansas

• Batesville Area Chamber of Commerce

• Big Oak Tree Media

• El Dorado-Union County Chamber of Commerce

• Education Partners

• Excellerate Foundation

• Fayetteville Chamber of Commerce

• Fifty for the Future

• Greater Bentonville Area Chamber of Commerce

• Jackson Law Firm

• Little Rock Regional Chamber

• Mississippi County Regional Chamber of Commerce

• Morrilton Area Chamber of Commerce

• Northwest Arkansas Council

• Pilgrim’s Pride

• Polk Stanley Wilcox Architects

• Red Head Farm LLC

• Rockwater Village

• Rogers Lowell Chamber

• Springdale Chamber of Commerce

• St. Bernard’s Healthcare

• UA Cossatot

• United Way of Northwest Arkansas

• University of Arkansas Pulaski Technical College

• Walton Family Philanthropy Group

• Wilson & Associates, PLLC

• Winthrop Rockefeller Foundation

• Women’s Foundation of Arkansas

“Early childhood education plays a vital role in maintaining and growing the existing and future labor force of our community. Rising costs and lack of childcare centers are impacting the region’s economy and workforce,” said Steve Cox, senior vice president of economic development at Rogers Lowell Chamber. “These issues are forcing parents to change careers or leave the workforce entirely, resulting in labor shortages in our area.”

“Beyond its impact on the workforce and economy today, if not addressed soon, the infant-toddler childcare crisis has the potential to damage the future workforce by depriving children of nurturing, stimulating environments that support healthy brain development while their parents work,” said Crystal Johnson, president and CEO of the Batesville Area Chamber of Commerce. “We don’t see a downside to supporting these programs and initiatives because studies show high-quality early education provides a 13% return on investment. These programs boost parents’ employment prospects and equip our future workforce with the skills needed for real-world success.”

For more information, click here.