About 59 million Americans provided care for an adult family member, neighbor or friend in 2024, according to a new report from the AARP Public Policy Institute. Their efforts added up to 49.5 billion hours of care, representing $1.01 trillion in total economic value annually, the report estimates. The Public Policy Institute is the policy research arm for the AARP, a nonprofit, nonpartisan organization representing individuals ages 50 and older. Family caregivers usually provide long-term