Careers

America’s Childcare Cliff Looms, LinkedIn Tips And Job Search Myths


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This month marks the end of childcare funding via the American Rescue Plan, which means the withdrawal of $24 billion in federal funding for childcare. The move could leave more than 3 million American children without access to care and added problems for working parents. It’s what’s known as the “childcare cliff”—and it’s looming.

Contributor Allison Robinson argues the childcare crisis is also an issue for employers, and while a fix probably won’t happen overnight, business leaders can help alleviate pressure on their working parent employees. Contributor Aparna Rae shares four actionable tips on how employers can better serve caregivers. One way companies can help? Continue flexible, hybrid and remote work options, Rae writes.

This is crucial for working moms especially. Women’s participation in the workforce reached a historic high at 77.6% in May. Return-to-office mandates, as contributor Lisa Conn writes, erase that gain as many women have caregiving responsibilities at home. Add in a childcare cliff, and working in the office may prove more difficult. “Childcare is an economic issue,” Reshma Saujani, founder of nonprofits Moms First and Girls Who Code, at the Forbes Power Women’s Summit last week.

In this newsletter, find more workplace news and career advice—including the best four fonts to use on your résumé. Personally, I’m a Garamond fan if you were wondering.


WORK SMARTER

Practical insights and advice from Forbes contributors to help you succeed in your job, accelerate your career and lead smarter

How long should your résumé be?

For college students, an executive shares five leadership tips she would give her younger self.

Make sure your résumé doesn’t get skipped with these four best fonts.

Ready to quit your toxic job? Ask yourself these five questions.

Here are the top job boards you should be using and their purpose.


FEATURED STORY

Reshma Saujani—Moms First And Girls Who Code Founder—On The Risks To Working Mothers

Reshma Saujani joined Forbes senior editor Maggie McGrath at Forbes’ annual Power Women’s Summit to talk about the coming childcare cliff facing many working professionals. “Childcare is an economic issue,” the nonprofit founder said. Find their conversation here.


TOUCH BASE

News from the world of work

Google adds AI chatbot to more apps: The tech giant has integrated its AI chatbot Bard to applications including YouTube, Gmail and Drive, allowing users to collaborate with the chatbot across applications.

Job search myths: Contributor Sho Dewan debunks the four biggest—including whether you should include a cover letter or not.

Writers’ strike: Talk show hosts Drew Barrymore and Bill Maher are backtracking, now pausing their daytime shows until the writers’ union ends its monthslong strike.

Planet Fitness CEO forced out: Planet Fitness’ board of directors ousted CEO Chris Rondeau, who had been at the company nearly 30 years, the national gym chain announced Friday. The move sent the stock price down 15% to about $50 Friday morning—its lowest price since August 2020.

LinkedIn releases new features: One LinkedIn executive shares how the new tools can help jobseekers get discovered easier and quicker. Plus: Here’s why your posts are being ignored.


CHECKLIST

Add these books and videos to your to-do list

  • In this video, Adrienne Smith, founder of football media company Gridiron Queendom, talks about her plans to align millions in sales this 2023 football season with Blitz Champs.
  • In Wrong Fit, Right Fit: Why How We Work Matters More Than Ever, author Andre Martin provides a guide for employees and organizations to create a match that’s fulfilling, satisfying and aligns values.

NUMBER TO NOTE

800+

That’s how many locations Forbes screened to identify the top 25 best places to enjoy your retirement in 2023.

Forbes has advice for planning a better retirement and how to find the best place to enjoy it.


QUIZ

An actor was dropped this week by the talent agency representing him, and was suspended from monetization by YouTube, after four women accused him of sexual assault. Who is the actor?

  1. Orlando Bloom
  2. Russell Brand
  3. Jonah Hill
  4. Jason Segel

Check if you got it right here.



READ SOURCE

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