🌐 Global Economy Feb 16, 2026

The Rising Burden of Elder Care in the United States

Econofact
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The Rising Burden of Elder Care in the United States
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The Issue:
Many elderly people need long-term help with daily activities such as getting dressed, using the bathroom, eating, and getting in and out of bed, as well as with other instrumental activities such as cooking, taking medications, and grocery shopping. This eldercare can put a heavy time and psychological burden on close family and friends, while those with severe needs typically face a heavy financial burden to pay for care services, whether provided at home or in an institutional sett

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