COVID-19 restrictions could force 43% of caregivers to quit their jobs – .

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COVID-19 restrictions could force 43% of caregivers to quit their jobs – .


A new study from Fidelity Investments has found that ongoing COVID-19 restrictions are negatively impacting people who juggle jobs while caring for loved ones such as parents or children, and that 43% of caregivers who work may be forced to choose between their jobs and family responsibilities over the next year.

Almost half of caregivers surveyed said they could not handle another year like the last, and 42% of those caring for children responded that they “will collapse” if schools or their children. professional childcare situation does not return to normal in the near future. the future as pandemic restrictions persist.

A mother kisses her daughter goodbye as she drops her off for the first day of partial in-person instruction at Garfield Elementary School in Oakland, Calif. Tuesday March 30, 2021. (Getty Images)

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“Caregiving has become increasingly complex in recent years, placing an unequal burden on many women, who too often bear the brunt of family caregiving duties,” said Stacey Watson, senior vice president of planning life events at Fidelity Investments. “While nearly two-thirds of caregivers say the emotional burden is their greatest burden, perhaps it’s because so many Americans are doing their best to juggle both caregiving and work. For some, dealing with both can become too difficult. ”

The October 2021 American Caregivers Study followed on from the company’s previous caregiver survey released in May. “With so much happening and evolving over the past six months, not least of which is the evolution of COVID-19 challenges and the enormous exodus we are witnessing from the workplace, we wanted to see if attitudes caregivers had changed as well, ”Watson explained.

A man wearing a mask walks past Fidelity Investments in New York City as the city continues with Phase 4 reopening following restrictions imposed to slow the spread of the coronavirus, August 27, 2020. (Getty Images / Getty Images)

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Forty-four percent of active caregivers shared a range of challenges they faced while staying in the workforce, citing difficulties such as needing to take more time off, being distracted at work, and feeling unsuccessful. be able to pursue a promotion because of the additional charge.

About 58% of caregivers said they felt they didn’t have time to take care of their own mental health and responsibilities of caring for loved ones – and Watson says it could get worse during the holidays.

A view of an American multinational financial services company Fidelity Investments logo. (Photo by Alex Tai / SOPA Images / LightRocket via Getty Images) (Alex Tai/SOPA Images/LightRocket)

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“While the next vacation can be a time of joy, for caregivers the season also brings an increased burden,” Watson told FOX Business. “In addition to the caregiving responsibilities, many will find themselves in charge of creating special family moments, which will make the juggling more stressful. “

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