IDEAS

But this isn’t just a mommy issue, it’s an economic one. A study revealed that by 2030, the U.S. could lose a staggering $290 billion in GDP annually.

Venture capital alone hasn’t funded some of the largest companies. One of today’s most successful tech entrepreneurs was funded by massive infusions of investment from the federal government — Elon Musk received $4.9 billion in public subsidies for his companies, including SpaceX and Tesla.

Over the next few decades, one of the largest wealth transfers in history will take place with women taking over more than $80 trillion in assets — that’s more than 3x U.S. GDP.

The nursing shortage is the most visible example of the enormous labor shortages across care economy careers. But the problem is much bigger. Care workers–physicians, home health aides, early childhood care workers, physician assistants, and more–face critical challenges as a result of America’s immense care gap that may soon touch every corner of the American economy.

Four Dynamic Areas of Growth, a first-of-its-kind report that puts the size of the care economy at $648 billion, making it $138 billion larger than the US pharmaceutical industry and larger than the US hotel, car manufacturing, and social networking industries combine.

Springbank’s Founding Partner Elana Berkowitz speaks with Caroline Hyde on Bloomberg Technology about the impact of 2022 SCOTUS ruling on Roe.