Home care’s effect on the economy
From our Care Blog
With the deadline to raise the debt ceiling getting closer each day, the economy is at the forefront of the minds of many Americans. The home care industry—and family members providing care for their adult loved ones—has a great impact on the economy. According to a recent report from the AARP Public Policy Institute, the economic impact of home care in 2009 was approximately $450 billion with more than 40 million Americans provided care for an adult family member. Family caregivers face great challenges, balancing jobs with caregiving. In 2009, the average family caregiver was a 49-year-old woman with a...