IDEAS

Dedicated to building the infrastructure to serve the long-overlooked needs of women and working families, Springbank is doubling down on its vision for a more equal future

How much does caregiving—from childcare to caring for elders—contribute to the U.S. economy? According to a report from Melinda French Gates’ Pivotal Ventures and support from Springbank. It’s $648 billion.

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.

Researchers behind a new survey on Gen Z say employers and health care providers can learn from the habits of this group, which is joining the workforce at the highest rate. Whether it’s their prioritization of mental health or their holistic approach to health, employers should take note.

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.

Listen to our co-founder and partner, Elana Berkowitz, discuss opportunities to keep women in the workforce right now, how Springbank is disrupting the way we think about caregiving, and what’s being overlooked when it comes to women’s health and investment today.