Will Caregivers Save The Economy
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America needs more people working in home healthcare, and we need them quickly. With the U.S. elderly population doubling from 40 million to 80 million Americans in the next 20 to 25 years, the Bureau of Labor Statistics is predicting that “personal-care aide” will be the fastest growing job category in the next decade. There is just one problem: Working in home healthcare is unpredictable, underappreciated and underpaid work. This week, Chip and Caroline explore the fragmented market of home healthcare by speaking with entrepreneurs trying to fix the system and workers trying to make a living within it. Seth Sternberg, the CEO of Home healthcare startup Honor, joins Chip and Caroline to discuss why he thinks scale — and thinking of caring for the elderly as a bi-partisan issue — could solve the problem.
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