The ‘Sandwich Generation' Is Being Squeezed: U.S. Caregivers Are Experiencing High Levels Of Financial Stress And Workplace Burnout [Forbes]
IAC Inc. (IAC)
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Source: Forbes
getty American families are facing unprecedented pressures as they grapple with inflation, soaring costs and a competitive job market for professionals. For many couples, this economic strain is compounded by the responsibility of caring for multiple generations simultaneously. Known as the "sandwich generation," these individuals find themselves squeezed between the demands of raising their own children while also tending to the needs of their aging parents. This dual caregiving role, coupled with the current economic challenges, is creating a perfect storm of stress and financial burden for a growing number of people in the United States. According to data from AARP, over 53 million American adults —more than one in five—are currently serving as unpaid family caregivers. In 2021, family caregivers delivered 36 billion hours of unpaid care , which is valued at $600 billion. One of the major pain points impacting the sandwich generation is financial strain, as they frequently
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IAC
News
- IAC Inc. (NASDAQ: IAC) had its "outperform" rating re-affirmed by analysts at Macquarie. They now have a $14.00 price target on the stock.MarketBeat
- Inc. Names Jennings Social Media & MarTech as a 2024 Power Partner Award WinnerPR Web
- IAC Inc. (NASDAQ: IAC) had its price target lowered by analysts at Truist Financial Co. from $88.00 to $80.00. They now have a "buy" rating on the stock.MarketBeat
- IAC Inc. (NASDAQ: IAC) had its price target lowered by analysts at TD Cowen from $82.00 to $77.00. They now have a "buy" rating on the stock.MarketBeat
- IAC Inc. (NASDAQ: IAC) had its price target lowered by analysts at Barclays PLC from $70.00 to $66.00. They now have an "overweight" rating on the stock.MarketBeat
IAC
Earnings
- 11/11/24 - Miss
IAC
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 8-K
- 11/12/24 - Form 8-K
- IAC's page on the SEC website