Join the club!
Take a look at some statistics from CNN Business:
- The senior population is projected to reach 83.7 million by 2025 (twenty percent of the total US population)
- The US will need to hire 2.3 million new health care workers by 2025 in order to adequately take care of its aging population
- The largest number of new job openings — about 423,200 — will be for home health aides
Layer on the above that pay rates for caregivers are low (which affects the pipeline of new caregivers entering the marketplace) and you can see a big problem ahead.
A good friend of mine, Cindi Gatton Principal of Pathfinder Patient Advocacy Group http://www.pathfinderpatientadvocacy.com/ penned a BLOG article that underscores the caregiver crisis. A link to her article is below:
As the owner of a home care company we run into endless inquiries by families looking for a caregiver 10-20 hours a week. They are not yet ready for full time care but need some help. Sadly, as the caregiver shortage intensifies, getting such help is very, very difficult. And if they do find an agency willing to give it a try, inevitably, there will be caregiver turnover. Who wants to work 10-20 hours a week when there are endless 40+ hour jobs available?! Caregivers are always in the hunt for more hours. They too need to put food on the table.
For those in the hunt for care, brace for a couple of changes. Look for more home care companies to required more hours-a-week and longer shifts and also be prepared to pay more as demand goes up. Supply and demand in play. And care giving is not an easy job.
To all those caregivers out there that see what they do as a calling, recognize your value to those you help and keep fighting the good fight. We appreciate all you do!
Adam