CHIPS and Child Care

The $280 billion dollar “Creating Helpful Incentives to Produce Semiconductors” or CHIPS bill “was signed into law last year as a way to bolster the domestic production of semiconductors — a vital component for almost every electronic device we use today — and to help prevent future supply chain crises,” according to news site Axios. Why does this matter to early childhood practitioners?

Apart from the intended boost to the economy, “Chip makers who want access to billions of dollars in new federal funding will first have to figure out how workers will access affordable child care, per a new requirement from the Commerce Department.” Highlighting the shortage of child care options and the high cost of care for people who might want to take these chip-related jobs, Axios notes, “The agency is agnostic on how companies get this done. They could build company-run onsite facilities, or outsource to a vendor. Companies could sponsor care directly or provide vouchers, discounts or cash.”

Now is the time to weigh in on these options as chip companies begin to implement child care programs to access these funds. What care options would you vouch for?

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