Economic concerns identified in early years sector

Four areas of economic concern in the early childhood education and care sector (ECEC) have been identified, an independent report says.
The Committee for Economic Development commissioned the report in response to feedback from businesses within the sector.
Data was gathered from 24 early-years providers, supplemented by additional input from registered childminders.
Key sector-wide concerns with economic impact included limited availability for children under the age of two, and a lack of government support for children with special educational needs and disabilities (SEND).
'Aligning standards'
Another concern identified was regulation standards, which were, according to the report, "perceived as more stringent than those in the UK".
It said: "Aligning standards regarding space and staffing ratios with UK practices could alleviate strain without additional investment."
Finally, flat-fee funding model constraints were identified as the fourth economic concern.
The report said the model for preschool education funding imposed financial strain on settings, particularly those providing year-round care, and did not adequately reflect operating costs.
Economic Development President Deputy Neil Inder said: "The early years sector is not only critical for the development of our community's young people but also is a powerful economic enabler.
"We are pleased to have been able to give a voice to the sector, gathering evidence that can inform improvements going forwards.
"The recommendations will allow us to better support this part of our economy.
"But I am keen that both the committees for Education, Sport and Culture, and Health and Social Care, look through this report and act on the actions that sit within their mandates."
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