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• From 2016 to 2060, the population Americans 65 and older is projected to nearly double from 49.2 million to 94.7 million.
• The number of Americans 85 and older is projected to nearly triple from 6.4 million to 19 million.
• 10,000 Americans are retiring every day.
• For the first time in history, people over 65 will outnumber children under 5.
•16.4% of Nebraskans are over age 65.
•Nebraskans age 65+ outnumber those under 5 by 9%.
Source: US Census
Rural Long Term Care Facilities are closing. According to the Nebraska Hospital Association, 35 long-term care facilities and 27 assisted-living facilities have closed in Nebraska in the past five years. Data from the Centers for Medicare & Medicaid Services shows nine nursing homes closed in the state last year, second most in the country, behind only Texas. This leaves residents of rural communities with few options for care in their community.
• Currently there are about 3 million direct care workers and, by 2030, the industry will need approximately 5 million.
• Homecare workers are the fastest growing jobs in the country; the demand for these positions is expected to increase by 70% in the next 20 years.
• Low wages, in 2021 the average wage for a homecare worker was $14.09 with few benefits, make recruiting difficult.
• The homecare industry has an ageing workforce with a median age of 48. In 2021, 57% of homecare workers were over 45, with 12% over 65.
• The industry experiences a persistently high turnover rates of close to 75%.
Source: PHI (formally the Paraprofessional Healthcare Institute)
What is a Homecare Worker Cooperative?