Will an expanded child tax credit solve the “she-cession”?
More than 2 million women have left the workforce since the start of 2020, and, as we’ve been reporting, many did so to care for children. The American Rescue Plan, poised to be passed this week, is offering an expanded child tax credit that could provide up to $300 a month per child under the age of 6. It also includes nearly $15 billion to support child care facilities. But will that be enough to get women back to work? Plus, a virtual SXSW festival, why Unilever will stop using the word “normal” on its products and some companies are rethinking what driverless cars should look like.