Women are still having to choose between a job and child care
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The Organization for Economic Cooperation and Development has said the American economy is accelerating nearly twice as fast as expected.
But the recovery looks different for women.
More than 2 million women have left the workforce since 2020. Many of them did so initially to care for children.
The American Rescue Plan, poised to be passed this week, is offering an expanded child tax credit that could give up to $300 a month per child under the age of 6.
It also includes nearly $15 billion to help support child care facilities. Even so, experts say child care is still the primary stumbling block for many women who want and need to get back to work.
Melissa Boteach, vice president of income security and child care at the National Women’s Law Center, calls the administration’s plan groundbreaking.
“The American Rescue Plan represents a shift to an understanding that it is working people, and especially women and women of color, that are the economy,” she said.
But even a monthly child tax credit of up to $300 will not pay for full-time child care in the United States.
Sarah Jane Glynn, a fellow with the Center for American Progress, calls the rescue plan “a down payment” toward economic recovery. But she said the problem of unaffordable child care is central.
“This is an infrastructure issue. This is not about, like, let’s do a sweet nice thing for families. We literally cannot continue to grow and expand if we do not have women working. And that is dependent upon having safe, reliable, affordable child care,” Glynn said.
Advocates say another important step toward helping women go back to work would be raising wages, including the minimum wage (a proposal that did not make it into the relief plan). Another crucial support is pay equity.
“There is no paid leave option for the vast majority of workers, and so who is going to take the unpaid leave? Well, the person who is earning less,” said Elise Gould with the Economic Policy Institute.
For millions of American women, that’s them.
COVID-19 Economy FAQs
What do vaccines mean for economic recovery?
COVID-19 is not going anywhere anytime soon, according to expert witnesses who testified at a recent hearing held by the Joint Economic Committee. Put simply, we can’t eradicate the virus because it infects other species, and there will also be folks who choose not to get the vaccine or don’t mount an immune response, according to Dr. Céline Gounder at NYU School of Medicine & Bellevue Hospital. “That means we can’t only rely on vaccination,” Gounder said. She said the four phases of recovering from the pandemic are ending the emergency, relaxing mitigation measures, getting to herd immunity and having long-term control.
Can businesses deny you entry if you don’t have a vaccine passport?
As more Americans get vaccinated against COVID-19 and the economy begins reopening, some businesses are requiring proof of vaccination to enter their premises. The concept of a vaccine passport has raised ethical questions about data privacy and potential discrimination against the unvaccinated. However, legal experts say businesses have the right to deny entrance to those who can’t show proof.
What do I need to know about tax season this year?
Glad you asked! We have a whole separate FAQ section on that. Some quick hits: The deadline has been extended from April 15 to May 17 for individuals. Also, millions of people received unemployment benefits in 2020 — up to $10,200 of which will now be tax-free for those with an adjusted gross income of less than $150,000. And, for those who filed before the American Rescue Plan passed, simply put, you do not need to file an amended return at the moment. Find answers to the rest of your questions here.
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