Many people are asking me about the recession and how I think it will affect the childcare sector. Having lived through three such recessions over the last 20 years, I can only say that predictions from even the finest economists, let alone businessmen, are little more reliable than promises made by snake-oil sellers at a village fair. But this is how I see matters.
Basic reasoning suggests that while the job market remains relatively unaffected, any attack on family income is likely to force more parents back into the workforce. Those currently working part-time may be forced to look to full-time care in the future and those remaining at home with their children until primary school may be forced to take employment. All this will be of benefit to the sector - assuming operators have capacity to meet the demand.
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