Lack of Affordable Childcare in Ireland Hinders Mothers' Workforce Participation, Fuels Inequality
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Ireland has high levels of market income inequality compared to other OECD countries, largely due to low workforce participation by mothers.
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Lack of affordable childcare is a major barrier for mothers, especially those with lower education levels, returning to work.
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Increased investment in subsidized childcare could encourage more mothers back into the workforce and reduce inequality.
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Higher female workforce participation historically contributed significantly to Ireland's economic growth in the 1990s.
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As Ireland faces capacity constraints, tapping into skilled female labor could boost productivity and prosperity.