A recent New York Times article discussed how after a five-decade rise in the number of women in the workforce, that rise has stalled over the past 15 years. The general consensus is that caring for children, historically a woman’s job, has taken its toll. But the other significant factor is that eldercare responsibilities have also increased as the population in the United States has aged. This combination has made it challenging for many women to actively remain in the labor market.
Today, 15 percent of the American population has reached retirement age. Many older Americans are unable to live independently, and the job of caring for them falls predominantly on wives and daughters. A quarter of the women age 45-64 years old and one in seven of those 35-44 are caring for an older relative. As a result, 10 percent of family caregivers have to cut back on their work hours and 6 percent leave the workforce entirely. Surveys indicate that family caregivers spend about 20 hours a week providing care, with many reporting having to miss work or eventually losing their jobs.
This trend is likely to continue - by 2030, more than 20 percent of Americans will be of retirement age and on average, will need three years of long-term care. The burden on millennial adult children will be even greater as they care for their children and parents. They also have fewer siblings with whom to share the responsibilities and with higher divorce rates among aging baby boomers, many will have no spouse to care for them.
Founded in 1914, RVNA is an accredited non-profit Medicare-certified home healthcare agency that also supports public health and safety, and promotes the highest quality of life. RVNA provides compassionate care to all individuals, whether young or old, through a continuum of care that encompasses health care at home and in the community. RVNA also provides home health aides and companionship through a non-medical subsidiary called HomeCare by RVNA and outpatient physical, occupational and speech therapy in its Rehab by RVNA facility at 27 Governor Street, Ridgefield.
Visit RVNA at www.ridgefieldvna.org