Liz Elting is a billion-dollar founder, philanthropist, entrepreneur and bestselling author who covers the dynamic intersections of women, business and the evolving workplace.
No matter who you are, you’ve received help from a nurse, teacher, social work er, caregiver, parent, family member or another paid or unpaid care work er at some point in your life. That’s why it might not come as a surprise that the U.S. care economy is estimated to be amarket. Despite this, the U.S. chronically devalues this work and is doing so to the detriment of its economy and future.
Despite our heavy reliance on care work—from educating the next generation to providing lifesaving emergency care—those who make up the majority of care workers are largely overworked, underrecognized and underpaid. Women care workers are the backbone of the care economy. According to the, women comprise 72.8% of workers in education, training and library occupations, 75.9% of healthcare practitioners and technical healthcare workers and 69.6% of all community and social service occupations.
Additionally, despite the profound economic importance of the work of care professionals—like educating our future workforce and caring for young children so their parents can in turn go to work in tech, business, government and every other field—these same workers, including those in, are severely underpaid. Cohen’s research further found that employers across every industry aren’t taking sufficient steps “to accommodate the realities of women’s lives.
Care workers are imminently critical to the continued health and growth of the U.S. economy, and it’s in businesses’ best interest to recognize that fact and act accordingly. This means recognizing the value of these professions, investing in them and paying care workers appropriately as well as making reasonable accommodations for all working parents.
There isn’t a single industry that doesn’t rely on both paid and unpaid care workers. If you need proof, simply recall the crisis working parents faced as schools and daycares closed during the pandemic or how many talented women subsequently quit or were pushed out of the workforce in large part due to the imbalanced division of household labor. If we don’t take steps to in turn care for care workers, the U.S. economy could quickly find itself in trouble again.
Care Work Care Workers Women In Business Women In Healthcare Education Social Work Healthcare Industry Women In Education Care Economy
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