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August 2006 E-NEWSLETTER

Corporate Voices Members Identify Need for Comprehensive Backup Care
Absent caregivers costs U.S. employers $7 billion annually
Nearly 16 million full-time U.S. employees balance both careers and caregiving responsibilities for parents, spouses, children and other loved ones. These employees miss work to deal with temporary “breakdowns” in care for their loved ones, which include school holidays or closures, sick children, unreliable caregivers, elders recovering from surgery or illness, and more. Absenteeism caused by caregiving responsibilities costs employers more than $7 billion per year, as reported in the 2006 MetLife Caregiving Costs Study.

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ECONOMIC IMPACT OF STUDENT DEBT
In the last newsletter, we examined debt in general. This included a brief mention of college debt. This topic, however, deserves a more in-depth look as student debt could have profound implications for the economy and society.

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BROADENING THE IMPACT OF FLEXIBILITY
Flexible scheduling is growing to be more and more of a hot topic, and it’s one that is near and dear to the hearts of those at Corporate Voices. Since we released our report, Business Impacts of Flexibility: A Call for Expansion, numerous articles have been written highlighting the various benefits of flexibility. Government agencies providing tips for businesses on how to diminish the possible effects of a bird flu outbreak included offering flexibility.

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CORPORATE VOICES UPDATE
Over the past few months, Corporate Voices’ staff has been very busy. The annual event, held June 4-6, was a big success and we were thrilled to celebrate our fifth anniversary surrounded by the people who have made our work possible.

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CALANDER OF EVENTS
September 21, 2006
Mature Worker Survey Distributed

Work Force Readiness Report Released

September 26, 2006
Youth Transitions Taskforce Meeting

Breakfast with Tanzania Delegation