According to a recent AARP Public Policy Institute study, it is estimated the economic value of unpaid family caregiving to be $450 billion in 2009, up from $375 billion in 2007.
Who is a "average" unpaid caregiver? It is a 49 year old woman who works outside the home and spends 20 hours per week providing unpaid care to her mother for nearly five years.
Much of the time spent is coordinating care - between both unpaid and paid providers. Obviously, this can have a significant impact on an employees job performance and health.
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