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AARP: Work done by unpaid family caregivers is worth $600 billion

Published: Monday, March 13, 2023 - 5:15am
Updated: Monday, March 13, 2023 - 7:59am

A new report from AARP looks at the financial costs of family caregiving for loved ones living with chronic, disabling or serious health conditions. The unpaid work provided by family caregivers is valued at an estimated $600 billion.

The numbers at the national level are staggering. And they’re not much better in Arizona.

The unpaid care provided by the roughly 850,000 caregivers in this state comes in at $14.5 billion.

That’s an increase of almost $4 billion since 2019. This latest report highlights the myriad challenges facing families who care for parents and spouses.

For example more than 60% of family caregivers juggle a job with their caregiving responsibilities.

The report offered recommendations including tax credits and expanding respite services.

Aging