The oldest baby boomers turn 79 in 2025 as attention shifts from retirement savings to elder care. That suggests that there will be ever-greater need for professional caregivers in the next decade but currently, these caregivers are in short supply.
A UCLA-led study suggests that the solution to the country’s paid caregiver shortage may come not from tech startups or corporate expansions, but from the caregivers themselves — through worker-owned cooperatives.
Published in JAMA Network Open, the study reveals that caregivers working in home care cooperatives report better job satisfaction, higher pay, and more control over their work compared to those employed by traditional home care agencies. The findings offer a potential roadmap for transforming a sector long plagued by high turnover and low morale.
Read the rest at Consumer Affairs
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