Care is the invisible engine that keeps our homes, communities, and economy running. From raising children to supporting aging loved ones, care work fuels daily life—yet much of it remains unseen and undervalued. The care economy is a vast network of time, effort, and resources dedicated to sustaining well-being. It includes both formal care—paid, professional, and measured—and informal care—unpaid, often invisible, but essential. By making this labor visible, we can better understand its true impact on households and society.
Our stage of life shapes care and our capacity for care provision.
The figure above visualizes general changes we all experience in our average need for care, as well as our capacity to provide care, over the life cycle.
Care and our capacity to care for ourselves and others change over our lifetime. Life stages shape both the type and amount of care required. This interdependence highlights the vital role of the care economy across all life stages.
Care is defined by the level of support, attention, and resources individuals require to maintain their wellbeing, health, and daily functioning. It varies by life stage, personal circumstances, and health conditions, ranging from minimal assistance to intensive care.
Care changes throughout our lives, shaping how much care we require and our capacity to provide it. The kind of care we need also shifts based on life stages and circumstances.We categorize care into three primary care focuses: Developmental, Daily Living, and Health. Each area of focus consists of both formal care—paid, professional, and measured—and informal care—unpaid, often invisible, but essential.
Supporting the physical, cognitive, social, and emotional growth of children, including those with disabilities.
Estimated total hours of developmental care needed in the U.S. each day:
At minimum wage, these care hours translate to around per day.
Formal Care Examples: Teachers, childcare workers, special education instructors.
Informal Care Examples: Parental nurturing, educational and enrichment activities.
Facilitating day-to-day functioning through managing routine tasks, household maintenance, and personal care.
Estimated total hours of daily living care needed in the U.S. each day:
At minimum wage, these care hours translate to around per day.
Formal Care Examples: Housekeepers, food service workers, hairdressers.
Informal Care Examples: Cooking, cleaning, grooming.
Maintaining, supporting, or improving the health and well-being of individuals of all ages.
Estimated total hours of health care needed in the U.S. each day:
At minimum wage, these care hours translate to around per day.
Formal Care Examples: Doctors, nurses, occupational therapists, home health aides.
Informal Care Examples: Caring for sick or elderly household members, medication management.
Daily living care demands more than half of all the care required in a day. No matter the age group, our ability to thrive requires time to care for our basic needs like providing food, shelter, and clothing.
Now that we understand care across the stages of life and by focus, the next question we might ask is:
To find the answer, we shift our focus to the people and systems that provide both formal and informal care.
Care needs differ across the nation, shaped by demography and available caregiving resources. Two key metrics - the Care Ratio and Gini Coefficient of Formal Care - offer insight into caregiving capacity and resource inequality.
Care work plays a vital role in both the economy and society, yet much of its value goes unrecognized. Statistics on labor force participation, caregiving hours, and the share of workers in the care sector reveal its significant economic contribution.
Exploring the value of unpaid care demonstrates its critical role in supporting families, communities, and advancing the broader economy.