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- Estimates indicate that 25% of the entire American workforce provided informal care.
- The number of employers offering LTCi as an employee benefit skyrocketed over the past decade to more than 4,700.
- 40% of the caregivers stated that they had to take time off without pay for an average of 17 days of work missed per year due to caring for a disabled elder, and these lost workdays translated to lost earnings of $5,393 per year.
- Only 19% of caregivers believed their employers supported them a "great deal."
- Economic losses valued as high as $29 billion per year.
- Employee eldercare turnover costs are estimated to be $5 billion a year.
- On average, individuals providing care for a family member will lose $566,000 in wages, $25,000 in Social Security, $67,000 in pension contributions.
- 52% of those caring for an elderly relative or friend are employed full time.
- 54% of working caregivers have made changes at work to accommodate their caregiving responsibilities.
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