Investing in the Care Economy

What about Investing in the Care Economy? A Gender equitable alternative to austerity and low growth

 A new report by the UK Women’s Budget Group for the International Trade Union Confederation (ITUC) shows that investing public funds in childcare and elder care services is a worthwhile investment that is more effective in reducing public deficits and debt than austerity policies: it would boost employment, earnings, economic growth and fosters gender equality.  The report shows that an investment of 2% GDP in the caring industries would generate up to 1 million jobs in Italy, 1.5 million in the UK, 2 million in Germany and 13 million in the USA.

For the full report visit the International Trade Union Confederation website.

The Women's Budget Group Briefing is here.

Read the Equal Times feature on the report here.