Changing Aging

DID YOU KNOW . . . . . .

Family caregivers comprise 13% of the workforce.

Source: Wagner, D. and Neal, M., “Working Caregivers: Issues, Challenges and Opportunities for the Aging Network”. National Family Caregivers Support Program, Program Development Issues Briefs, Administration on Aging, DHHS, 2002.

59% of family caregivers who care for someone over the age of 18 either work or have worked while providing care. And 62% have had to make some adjustments to their work life, from reporting late to work to giving up work entirely.

Source: National Alliance for Caregiving and AARP, Caregiving in the U.S., 2004.

37% of human resource directors did not feel that their organizations made a real and ongoing effort to inform employees of available assistance for managing work and family responsibilities.

Source: Galinsky, E. and Bond, J.T., The 1998 Business Work-Life Study. New York: Families and Work Institute, 1998.

Women average 14 years out of the paid labor force, primarily because of caregiving responsibilities.

Source: Maatz, Lisa, President’s Commission to Strengthen Social Security. Older Women’s League, August 2001.

American businesses can lose as much as $34 billion each year due to employees’ need to care for loved ones 50 years of age and older.

Source: Metlife Mature Market Institute and National Alliance for Caregiving, MetLife Caregiving Cost Study: Productivity Losses to U.S. Business, July 2006.

10% of employed family caregivers go from full-time to part-time jobs because of their caregiving responsibilities.

Source: National Alliance for Caregiving and AARP, Caregiving in the U.S., 2004.

 Thank you to the National Family Caregivers Association and other sources for providing these statistics.

 

 

 

 

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This entry was posted on Wednesday, March 12th, 2008 at 4:51 pm and is filed under Innovation & Technology in the Age Wave. You can follow any responses to this entry through the RSS 2.0 feed.