The child care industry is rebounding — and at risk
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 13 December 2023
⏱️ 7 minutes
🧾️ Download transcript
Summary
The child care sector has recovered nearly all of the jobs it lost when the pandemic hit. Yet there are still major staffing shortages, and the end of federal pandemic funding could put the industry’s rebound in peril. Also on the program: early reactions to COP28 agreement and a look at how to utilize fear to move your career forward.
Transcript
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| 0:00.0 | Lo and behold a UN climate agreement that does reference shifting away from |
| 0:06.7 | climate-changing fossil fuel. I'm David Brancaccio delegates at the UN Climate |
| 0:12.0 | Summit in Dubai are broadly welcoming a final agreement which for the first time calls on countries to transition away from fossil fuel. |
| 0:21.0 | Negotiations continued for 20 hours past the scheduled close of the conference. |
| 0:25.7 | The BBC's Justin Rowlet has some early reaction. |
| 0:28.8 | There have been 28 of these UN climate conferences over the last almost 30 years. |
| 0:34.8 | Not a single one of them has directly addressed what needs to happen to the coal, oil and |
| 0:40.6 | gas, the emissions of which are warming the planet. |
| 0:44.0 | That is why the inclusion of a direct reference to fossil fuels |
| 0:48.7 | really is significant, acknowledging for the first time |
| 0:52.0 | that they are at the heart of the challenge the world faces. |
| 0:55.0 | But some experts are saying this agreement is not enough to limit global temperatures to the target of 1.5 degrees Celsius that will avoid the worst impacts of climate change. |
| 1:07.0 | Justin Rollat, the BBC's climate editor in the UAE, |
| 1:11.0 | the guardians of US interest rates speak on jobs, in the We'll be listening for one part per million clues about when rates might start going |
| 1:25.1 | down. |
| 1:26.6 | From the big jobs report from last week, jobs in child care up by 5700 people in November to just 3% below the staffing level before |
| 1:36.1 | pandemic but as Marketplace's Mitchell Hartman reports the recent gains might be |
| 1:40.8 | at risk. |
| 1:41.8 | Nearly 400,000 teachers and caregivers, |
| 1:45.0 | about a third of the total child care workforce, |
| 1:48.0 | lost or left their jobs when the pandemic hit. |
| 1:51.0 | So the fact that we're nearly caught back up would seem like |
... |
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