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A survey by AARP in 2010 states that "29% of the U.S. adult population, or 65.7 million people, are caregivers, including 31% of all households. These caregivers provide an average of 20 hours of care per week." [7] 1.4 million children ages 8 to 18 provide care for an adult relative; 72% are caring for a parent or grandparent.
There’s an even steeper cost for women and millennials (those generally born between 1981 and 1996). In TIAA’s research, 60% of caregivers are women and 25% of caregivers are in their 20s or 30s.
The average before-tax income for households of retired Americans in 2022 was $96,668, according to the central bank's Survey of Consumer Finances. The median before-tax income for this group was ...
The payment of wages for housework would also require capital to pay for the immense amount of unpaid care work (undertaken largely by women) that currently reproduces the labor force. According to a report by Oxfam and the Institute for Women's Policy Research, the monetary value of unpaid care work is estimated at nearly $11 trillion a year.
Average wage in the United States was $69,392 in 2020. [1] Median income per person in the U.S. was $42,800 in 2019. [2] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings. (See Income inequality in the United States.)
Age(s) Average Monthly Benefit for All Retirees. Average Monthly Benefit for Men. Average Monthly Benefit for Women. 62. $1,226.29. $1,370.10. $1,095.01. 63
An old man at a nursing home in Norway. Elderly care, or simply eldercare (also known in parts of the English-speaking world as aged care), serves the needs of old adults.It encompasses assisted living, adult daycare, long-term care, nursing homes (often called residential care), hospice care, and home care.
Wages adjusted for inflation in the US from 1964 to 2004 Unemployment compared to wages. Wage data (e.g. median wages) for different occupations in the US can be found from the US Department of Labor Bureau of Labor Statistics, [5] broken down into subgroups (e.g. marketing managers, financial managers, etc.) [6] by state, [7] metropolitan areas, [8] and gender.