Friday, March 12, 2010

America’s Edge Leaders Tout Economic Benefits From Early Learning Investments

Investing in early care and education boosts economy, creates jobs and improves workforce

America’s Edge is urging an expansion of early care and education programs, which now serve about 4 of every 10 children under 6 in New York. Fully funding early learning in New York would generate a significant return on each new dollar invested, generating billions in new spending across the state. The new America’s Edge research further demonstrates that nearly all of the dollars generated in New York would stay in New York – maximizing the benefits for local businesses and communities, while also creating tens of thousands of new jobs.

The also report documents that investments in early care and education would save New York businesses by reducing absenteeism and turnover and improve productivity by helping to attract better trained workers to the state. The report confirms the long-term economic impact highlighting research that shows high-quality early education can deliver a return of $16 for every $1 invested.

Visit this report:
http://www.americasedge.org/files/1003%20NY%20Report.pdf

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