Health and social care

Economic and social value of the UK adult social care sector – Skills for Care and Development

Skills for Care and Development is an Alliance of seven organisations in the UK and the Republic of Ireland, that focuses on regulation and workforce development in social care, social work, and early years. The Alliance commissioned Alma Economics to analyse the economic and social value of the adult social care sector in the UK and each of the four nations.

For this research, our team developed two types of models: one focusing on macroeconomic impacts and the other on socioeconomic impacts. Both models consider a wide range of care settings (e.g., residential) and types of service provision (e.g., local authority), including informal care, across regulated and non-regulated sectors.

At the end of the project, we delivered a detailed report and executive summary for the UK and individually for each of the four nations, as well as the underlying Excel models to be used as a lasting tool. Furthermore, we produced infographics illustrating the main results of our analysis, to promote public engagement.

The findings of this project will be used by the Alliance to inform public policy and improve public understanding, as well as reframe social care as an essential social and economic investment.

➥ Read our report here.