A 2023 "True Cost of Care" report found that Michigan child care providers earned an average salary of just $23,020 in 2019.
The State of Michigan would need to invest an additional $2.2 billion in subsidies into the early childhood system to meet the true cost of care, just for those families at or below 200% of the federal poverty level.
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A recruiting trends report by Michigan State University’s (MSU) Collegiate Employment Research Institute discovers that the financial services sector is decreasing the hiring rate for Bachelor’s degrees from “double-digit expansion”.