The responsibility for children’s needs falls primarily ontheir parents, although governments in some high-income countries provideminimal support. People cover their cost of living through earnings from thelabor market unless they possess a high level of wealth or capital. Therefore,it is important to understand how parental labor market status impactschildren. Studies examined the impact of parental economic status on childrenfrom different dimensions, including income (Shea, 2000; Akee et al., 2010),unemployment (Baranowska-Rataj et al., 2023), and entrepreneurship (Oggero etal., 2023). This research examines the implications of parental labor marketfactors, such as salary, job type, and migration on children. Discussions with experts and general people suggest thatparental labor market status can affect children’s career preferences and humancapital, including health and education. I conducted an initial analysis using Bangladesh’sHousehold Income and Expenditure Survey 2022 data to study the impact on healthand education.  The results suggest that parents’ labor marketcharacteristics have little impact on children’s education and health outcomes.The father’s education has some impact on children’s education but the mother’seducation does not. Neither the father’s nor the mother’s characteristicsappear to influence whether children have chronic illness. Rather, the impactis more for direct investments in children, such as education expenses andtuition fee waivers. These results are preliminary and more associative thancausal. The research is ongoing, and further investigation is needed to confirmcausal relationships. I plan to conduct further analyses using data over a longer periodand policy variations. The government of Bangladesh has implemented several policiesto improve social security, promote education, and more. For example, topromote girls’ education, the government implemented nationwide stipend programs. Such policy variations will be utilized to confirm causal relationships.  Akee, R. K. Q., Copeland, W. E., Keeler, G., Angold, A.,& Costello, E. J. (2010). Parents’ incomes and children’s outcomes: Aquasi-experiment using transfer payments from casino profits. American EconomicJournal: Applied Economics, 2(1), 86–115.Baranowska-Rataj, A., HÖgberg, B., & Bernardi, L. (2023).Parental unemployment and adolescents’ subjective wellbeing—the moderating roleof educational policies. European Sociological Review, 40(2), 276-292. Oggero, N., Devicienti, F., Rossi, M., & Vannoni, D.(2023). You can’t be what you can’t see: The role of gender in theintergenerational transmission of entrepreneurship. Review of Income andWealth, 69(3), 755-775. Shea, J. (2000). Does parents’ money matter? Journal ofPublic Economics, 77(2), 155-184.