New Research Confirms Financial Stress Working Caregivers Face in 2024
Research done by AARP and S&P Global, which was summarized in a 2024 study titled “Working While Caregiving: It’s Complicated,” shows that the burdens faced by people who try to balance work with caring for an older adult continue to grow. The resulting study found that two-thirds of family caregivers have difficulty balancing their jobs with caregiving duties, and half of them were having to make changes to their work schedules to accommodate their care responsibilities. About one-third said they had to take a leave of absence, 27% had reduced their hours or moved to part-time work, and 16% had turned down a promotion. Among those planning to leave their employer in the next year, 34% said their caregiving responsibilities were the primary reason while another 41% said it was one of the reasons. 13% had already changed employers in order to meet caregiving obligations. Read more about the research and other issues working caregivers are struggling with at New Research Confirms Financial Stress Working Caregivers Face in 2024 – AgeWise Colorado
Did you find our information helpful?
We are always adding new information and resources and are open to suggestions for improvement. We can do even more with your contributions.