Release Event: “Unfinished Business”
On June 26, 2012, the Committee for Economic Development (CED) and cosponsor ReadyNation hosted a release event for CED's latest report centering on the state of the early childhood system in the United States: Unfinished Business: Continued Investment in Child Care and Early Education is Critical to Business and America's Future.
The luncheon event featured remarks from CED Early Childhood Subcommittee Chair James "Jim" E. Rohr, Chairman and CEO of PNC Financial Services Group, Inc., CED Trustee Carl Camden, President and CEO of Kelly Services, Inc., and Charles Kolb, President of CED; and a panel of business leaders and experts, including Rob Dugger, Chairman of the ReadyNation Advisory Board & Managing Partner, Hanover Investment Group LLC, Lisa Klein, Executive Director, Birth to Five Policy Alliance among others.
Business leaders know that it is more cost-effective to get products or services right at the beginning than to fix problems later. It is no different when it comes to investments in early-childhood development: Recognized, forward-looking public leaders – in business, science, economics, and the military – agree that the best returns on human capital investment occur during the early years of life. The benefits to our communities far outweigh the immediate costs.
In the new global economy, Americans need to be creative, articulate, and solid team players. They need to achieve education beyond a high school degree and to develop advanced technical skills. Early-childhood development is the foundation of our young people's future. The roots of human character form in early childhood and can be enhanced by engagement in high-quality child care and early education. The most formative years of brain development come during the prenatal period and the first three years of life, before kindergarten or even preschool. Families are the most important caregivers and teachers of young children, but many face great challenges, especially in today's economic climate. Early and sustained participation in sound child care and early education has favorable short- and long-term impacts on children and their families, including high school completion, higher earnings rates for parents and for the children once grown, and reduced public spending on remedial education and services.
This event is cosponsored by ReadyNation. ReadyNation, a project of America's Promise Alliance, is a business partnership for early childhood and economic success. Its mission is to amplify the voice of business leaders in support of early childhood policies and programs that strengthen our economy and workforce (www.ReadyNation.org).
This report and luncheon is made possible by the generous support of the Birth to Five Policy Alliance.
We believe this discussion will be extremely valuable and sincerely hope you will be able to attend.