Family caregivers now provide $1 trillion worth of care annually, AARP finds

About 59 million caregivers provide care for loved ones, representing $1.01 trillion in total annual economic value, according to a new AARP report. The scale of unpaid caregiving implies meaningful effects on labor supply, household finances and potential demand for supportive policies or services, but the report itself is informational and unlikely to move markets directly.

Analysis

About 59 million caregivers provide care for loved ones, representing $1.01 trillion in total annual economic value, according to a new AARP report. The scale of unpaid caregiving implies meaningful effects on labor supply, household finances and potential demand for supportive policies or services, but the report itself is informational and unlikely to move markets directly.