Child Care Over the Business Cycle
This paper examines the relationship between economic conditions and child care employment. Child care employment is particularly vulnerable to a negative economy and takes longer to recover from negative shocks than the economy at large. Additionally, the paper discusses the countercyclical nature of child care worker education and experience levels during times of high and low unemployment. Periods of high unemployment are associated with greater education and experience among teachers, as well as lower turnover rates.
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