IDEAS

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.

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.

In an effort to better understand this generation's unique experience, Able Partners and Springbank launched a quantitative and qualitative research study to understand how Gen Z navigates healthcare.

Springbank investor, Brian, and Kesar from Upfront Ventures moved from product to venture last year and want to help others do the same. They interviewed 8 partners at top VC funds/co-investors across the US to learn how they were able to make the switch and make the most of their product backgrounds to be better in venture.

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.