The lack of child care options in Massachusetts is costing families, businesses and the state government more than $2.7 billion a year.

That’s according to a report from the Massachusetts Taxpayers Foundation, which reports that working families are losing an estimated $1.7 million a year in lost wages from not being able to show up for work because they can’t find or afford child care services.

Meanwhile, employers are losing an estimated $812 million a year in productivity and worker turnover because of the dearth of child care options, according to the report, while the state government is missing out on $188 million a year in tax revenue.