Overlooked Care Economy Now a Major Economic Crisis

Eldercare Review : With historic labor shortages and economic challenges, US growth is at risk unless business and government leaders address the growing care crisis. The care economy, which includes both paid and unpaid services, is a sector of individuals who are in charge of providing care services to populations unable to sustain themselves independently, and as of 2022, it has accounted for almost a quarter of the US gross domestic product (GDP).