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Category Adult Social Care
Resource type Report
Publishing body Future Social Care Coalition

Carenomics – Unlocking the power of care

Carenomics Unlocking the Economic Power of Care

The economic case for further investment in social care is clear and compelling. Serious issues creating the current crisis in the social care sector have been well set out in recent years. Low pay and lack of training or a career in care continue to undermine the workforce leading to high turnover and vacancy levels that leave needs unmet, create costs for employers and fuel demand for unpaid carers. The inadequate level of care further hinders the economy at a time when buoyancy is sorely needed. Without further investment in the social care sector, the government’s aims of improving growth and productivity cannot be realised.