Unpaid childcare is Australia’s largest industry – it needs to be acknowledged

The value of unpaid childcare makes it Australia’s largest industry, larger than any in the formal economy.

Unsurprisingly, because of traditional role allocation, women do 76% of childcare and 72% of unpaid work overall. They also do 67% of domestic work, 69% of care of adults and 57% of volunteering.

With women doing three-quarters of the unpaid work, attaching a dollar value helps in understanding how it affects their participation in the paid workforce, says Thorpe.

https://www.theguardian.com/sustainable-business/2017/mar/10/unpaid-childcare-is-australias-largest-industry-it-needs-to-be-acknowledged?

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