HOME HEALTH CARE NEWS: Home Care Industry To Face 6.1M Job Openings By 2034 As Low Wages Fuel Turnover
PHI report shows home care workforce doubled from 1.4 million to 3.2 million workers over the past decade, with most employed as independent providers through Medicaid-funded consumer direction programs. Despite adding 681,000 new jobs by 2034, over 6.1 million total openings will result from turnover. Home care workers earn median wages of $16.77/hour and annual income of $22,429, with 60% receiving public assistance. Medicaid payments constitute 68% of the $312.9 billion spent on HCBS annually.