A Caregiver is a person who is concerned about, or providing physical, emotional, or financial assistance to an older person.

Did You Know…

• Estimated between 16 to 20 million U.S. employees are caring for aging parents.
• Chronic stress experienced by caregivers can shorten one’s lifespan by 4 to 8 years.
• $33.6 billion is an estimated loss of productivity in the work force due to elder care responsibilities.
• Caregiving impacts work via absenteeism, partial absenteeism, coming in late and leaving early.
• Caregivers lose between 5-12 days of work a year.
• The stress of caregiving leads to increase health problems and doctor visits for themselves.
• Nearly 1/5 of caregivers quit their jobs.
• Almost 60% of all caregivers are employed full-time and 11% are working part-time.
• Nearly 80% of caregivers provide caregiving assistance 7 days a week.
• Nearly ¼ of caregivers spend up to 10% of their monthly income on caregiving activities.

Sources:

National Alliance for Caregiving –EverCare Study

Metlife Caregiver Cost Study- June 2007

AARP-Cargegiving and The American Workplace State Surveys Research Report